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Q-1: A firm is worth $1.500, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt

Q-1: A firm is worth $1.500, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt of 7%. What is the cost of equity?

Select one: a. 16.67% b. 17.93% c. 12.07% d. 18.90% e. 18.47%

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