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Pro Bono Corporation has a WACC of 20 percent. Its cost of debt is 12 percent. If Pro Bonos debt-equity ratio is 2, what is

Pro Bono Corporation has a WACC of 20 percent. Its cost of debt is 12 percent. If Pro Bonos debt-equity ratio is 2, what is its cost of equity capital? Ignore taxes in your answers.

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