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Need a bit of help thanks! 2 ABC Company has a before-tax cost of debt of 2.39%. The cost of equity of an unlevered firm

Need a bit of help thanks! 2
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ABC Company has a before-tax cost of debt of 2.39%. The cost of equity of an unlevered firm (Note: cost of equity of unlevered firm = return on assets = cost of capital of the firm's assets = RA) is 11.93%. The D/E ratio is 4.09. What is ABC's cost of equity? Assume no taxes. Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box

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