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In a world with taxes, but otherwise perfect capital markets a firm has $46 million in equity and $20 million in debt and it plans

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In a world with taxes, but otherwise perfect capital markets a firm has $46 million in equity and $20 million in debt and it plans to keep that debtto-equity ratio the same forever. It also has a required return on assets of 7.3%, a cost of debt capital of 3.6%, and the present value of those future tax shields is worth $13 million. What is the required return on equity for this firm

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