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Question(8). If a firm is unlevered and has a cost of equity capital of 12%, what would its cost of equity be if its debt-equity

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Question(8). If a firm is unlevered and has a cost of equity capital of 12%, what would its cost of equity be if its debt-equity ratio became 2? The expected cost of debt is 8%. A. 14.0% B.14.67% C. 16.0% D. 20.0% E. None of the above

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