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Find the firm's cost of equity if the firm does not have preferred shares, its optimal D/E ratio is D/E=3, YTM on existing bonds
Find the firm's cost of equity if the firm does not have preferred shares, its optimal D/E ratio is D/E=3, YTM on existing bonds is equal to 5%, the firm's WACC is 7%, and the corporate tax rate is 40%. 4% 6% 11% 15% 19%
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