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Pearson Motors has a thout capital structure of 35% debt and 5 common equity, with no preferred stock. The yield to maturity on the company's

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Pearson Motors has a thout capital structure of 35% debt and 5 common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 11%, and tax rate is 2 Pearson's co estimates that the company's WACC 11 209 What is Pearson's cost of common equity Do not found intermediate calculations. Round your awwer to two decimal de

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