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General Products has an asset beta of 0.7, and a debt to equity ratio of 1.2. Their tax rate is 0.31. If the risk free

General Products has an asset beta of 0.7, and a debt to equity ratio of 1.2. Their tax rate is 0.31. If the risk free rate is 0.04, and the expected return on the S&P500 is 0.13, what is the cost of levered equity for General Products?

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