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If the company Trenes de la Ciudad S.A. has a WACC of 18%, a pre-tax cost of debt kd = 10%, where t = 30%,
If the company Trenes de la Ciudad S.A. has a WACC of 18%, a pre-tax cost of debt kd = 10%, where t = 30%, and its ratio D/E = 2, what is ke, the cost of equity capital?
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