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Frankenstein Bicycles has an unlevered cost of equity of 0.11. Their bonds are worth 311,558 and their equity is worth 340,192. The debt rate is

Frankenstein Bicycles has an unlevered cost of equity of 0.11. Their bonds are worth 311,558 and their equity is worth 340,192. The debt rate is 0.02 and their tax rate is 0.36. What is Frankensteins cost of levered equity?

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