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Suppose Microsoft has no debt and a WACC of 9 4%. The average debt-to-value ratio for the software industry is 5 5% What would be

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Suppose Microsoft has no debt and a WACC of 9 4%. The average debt-to-value ratio for the software industry is 5 5% What would be its cost of equity if it took on the average amount of debt for its industry at a cost of debt of 6.2%? All Q The cost of equity is (Round to two decimal places)

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