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Jungle, Inc. has a target debt-equity ratio of 0.72. Its WACC is 11.5 percent and the tax rate is 21 percent. What is the cost

Jungle, Inc. has a target debt-equity ratio of 0.72. Its WACC is 11.5 percent and the tax rate is 21 percent. What is the cost of equity if the after-tax cost of debt is 5.5 percent?

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