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Nodebt, Inc., is a firm with all-equity financing. Its equity beta is 8 . The Treasury bill rate is 5% and the market risk premium

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Nodebt, Inc., is a firm with all-equity financing. Its equity beta is 8 . The Treasury bill rate is 5% and the market risk premium is expected to be 10%. What is Nodebt's asset beta? What is Nodebt's weighted-average cost of capital? The firm is exempt from paying taxes. (Round your answers to 1 decimal place.)

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