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estion 8 4 points Save Arsen Glenmark has a debt equity ratio of 0.15 and its WACC is 12.47% with a tax rate of 20%

estion 8 4 points Save Arsen Glenmark has a debt equity ratio of 0.15 and its WACC is 12.47% with a tax rate of 20% Calculate its cost of equity if the pre tax cost of debt is 7% (Show your answers in percentage and do not include the percentage symbol)

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