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FINA has a debt-to-equity ratio of 0.5 In a perfect capital market. The required rate of return of FINA is 13%. The cost of debt

FINA has a debt-to-equity ratio of 0.5 In a perfect capital market. The required rate of return of FINA is 13%. The cost of debt is 4%. What is the unlevered cost of equity of FINA? (Keep 4 decimal places)

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