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Rosita's has a cost of equity of 16% and a pre-tax cost of debt of 6%. The debt-equity ratio is 0.3 and the tax rate

Rosita's has a cost of equity of 16% and a pre-tax cost of debt of 6%. The debt-equity ratio is 0.3 and the tax rate is 33%.

What is Rosita'sunleveredcost of capital?(Answer in percentage terms. Round answer to 2 decimal places, do not round intermediate calculations)

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