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Question 4 A firm with a required return of 10 percent for operations has a book value of net debt of $2,450 million with
Question 4 A firm with a required return of 10 percent for operations has a book value of net debt of $2,450 million with a borrowing cost of 8 percent and a tax rate of 37 percent. The firm's equity is worth $8,280 million. What is the required return for its equity? (3 points)
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