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Question #6 Revisit If a firm's equity beta is 0.9, risk-free rate is 5% and market's expected return is 12%, what is the maximum value

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Question #6 Revisit If a firm's equity beta is 0.9, risk-free rate is 5% and market's expected return is 12%, what is the maximum value we can assume for the firm's unlevered cost of capital, assuming its cost of debt is not going to be more than its cost of equity

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