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Meyer & co expects it ebit to be 159000 every year forever. The firm can borrow as 8 percent. the company currently has no debt,

Meyer & co expects it ebit to be 159000 every year forever. The firm can borrow as 8 percent. the company currently has no debt, and its cost of equity is 15 percent and tax rate is 24 percent. the company borrows 201000 and uses the process to repurchase shares.
1. What is the cost if equity after recapitalization?
2. What is the WACC?

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