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Suppose Visa Inc.(V) has no debt and an equity cost of capital of 9.3 %. The averagedebt-to-value ratio for the credit services industry is 13

Suppose Visa Inc.(V) has no debt and an equity cost of capital of 9.3 %. The averagedebt-to-value ratio for the credit services industry is 13 %

What would its cost of equity be if it took on the average amount of debt for its industry at a cost of debt of 6.1 %?

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