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Question 13 (1 point) What is the cost of equity for a firm where the required return on assets is 15.71%, the cost of debt

Question 13 (1 point) What is the cost of equity for a firm where the required return on assets is 15.71%, the cost of debt is 6.92%, and the target debt/equity ratio is 0.98? Ignore taxes. OA) 27.84% B) 26.17% C) 19.05% D) 24.32% E) 21.60%

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