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Getrich has 2,1 million shares outstanding and a current share price of $4 per share. It also has $70,5 million in outstanding debt, with a

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Getrich has 2,1 million shares outstanding and a current share price of $4 per share. It also has $70,5 million in outstanding debt, with a debt cost of capital of 7,5%. Getrich's weighted average cost of capital without taxes is 12%. What is Getrich's equity cost of capital? Round your answer to two decimal places in percentage form

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