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Problem #9 Page, Inc. has a target debt-equity ratio of 0.46. Its WACC is 10.44 percent and the tax rate is 21 percent. What is

Problem #9 Page, Inc. has a target debt-equity ratio of 0.46. Its WACC is 10.44 percent and the tax rate is 21 percent. What is the cost of equity if the after-tax cost of debt is 4.20 percent

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