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Rick Grimes' Afterlife Relocation Services has a debt-equity ratio of 0.71. The pre-tax cost of debt (RD) is 7.2 percent and the required return on

Rick Grimes' Afterlife Relocation Services has a debt-equity ratio of 0.71. The pre-tax cost of debt (RD) is 7.2 percent and the required return on assets (RA,U) is 15.7 percent. What is their cost of equity (Re) if you ignore taxes? Enter your response as a decimal rounded to four places

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