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NuCorp currently has no debt outstanding but can borrow at an interest rate of 5.5%. The company's WACC is 10.25% and assume there are no

NuCorp currently has no debt outstanding but can borrow at an interest rate of 5.5%. The company's WACC is 10.25% and assume there are no income taxes. If the company adjusts its capital structure to 25% debt and 75% equity, what will be its cost of equity? (round to one decimal place)

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