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Matrix Inc. has a debt to equity ratio of 3 , and they are paying an interest rate of 5%. The tax rate is 20%.

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Matrix Inc. has a debt to equity ratio of 3 , and they are paying an interest rate of 5%. The tax rate is 20%. The Weighted Average Cost of Capital is 10.5% 1. What is cost of equity capital for Matrix Inc.? 2. What is Matrix Inc.'s unlevered cost of equity capital? 3. Which would be the WACC if the Debt to Equity ratio changes to 2

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