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Question 17 25 pts Portray Corp. has a weighted average cost of capital (WACC) of 14% $600,000 in 11% debt, and $900,000 in equity. If

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Question 17 25 pts Portray Corp. has a weighted average cost of capital (WACC) of 14% $600,000 in 11% debt, and $900,000 in equity. If both debt and equity are shown at market values, and the firm pays no taxes, what is the expected retum on equity? How can the expected return on equity be increased? 16.00%, add debt 15.00% add debt 8 409 reduce debt 21.00% reduce debt

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