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Question 32 1 pts Chapter 13. Jacque Ewing Drilling, Inc., has a beta of 0.75 and is trying to calculate its cost of equity capital.

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Question 32 1 pts Chapter 13. Jacque Ewing Drilling, Inc., has a beta of 0.75 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 7 percent and the expected return on the market is 14 percent, then what is the firm's afte tax cost of equity capital if the firm's marginal tax rate is 35 percent? 11.60% 16,40% 19.00%

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