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Hank Systems has the following capital structure matrix. re ?? % 6% ?? % rp BE 0.9 ?? ?? 19% BA D/V re 4% rm

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Hank Systems has the following capital structure matrix. re ?? % 6% ?? % rp BE 0.9 ?? ?? 19% BA D/V re 4% rm 0.4 What is R(e) or cost of equity? 12% 12.5% 13.5% 14.5% 16.0% 17.5%

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