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Radical IvenOil, Inc., has a beta of 1.6 and is trying to calculate its cost of equity capital. If the risk-free rate of return is

Radical IvenOil, Inc., has a beta of 1.6 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 10 percent and the expected return on the market is 18 percent, then what is the firm's cost of equity if the firm's marginal tax rate is 35 percent?

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