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Kendall Corporation has no debt but can borrow at 7.5 percent. The firm's WACC is currently 14 percent, and there is no corporate tax. What

Kendall Corporation has no debt but can borrow at 7.5 percent. The firm's WACC is currently 14 percent, and there is no corporate tax. What is the company's cost of equity? Note: Do not round intermed...

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