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Following the method outlined in the Jamison reading, calculate the revenue requirement for a utility company with a rate base of $50 million, a cost

Following the method outlined in the Jamison reading, calculate the revenue requirement for a utility company with a rate base of $50 million, a cost of equity of 20%, an equity financing proportion of 35%, and a tax rate of 37%. Assume that the values for expenses (E) and depreciation (d) are identical to the example in the Jamison reading.

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