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Question 14 10 points Save Answ A firm has a target debt-to-equity ratio of 1. Its cost of equity equals 12 percent, the cost of
Question 14 10 points Save Answ A firm has a target debt-to-equity ratio of 1. Its cost of equity equals 12 percent, the cost of debt is 8 percent, and the tax rate is 30 percent. What is unlevered cost of equity? a. 8.8 percent. O b. 10.8 percent. O c. 10.0 percent. d. 9.8 percent
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