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Suppose you borrow $6293.14 when financing a gym valued at $43121.79. Assume that the unlevered cont of the gym is 157 thy and that the

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Suppose you borrow $6293.14 when financing a gym valued at $43121.79. Assume that the unlevered cont of the gym is 157 thy and that the cost of debt is valued at 6.77%. What should be the cost of equity of your firm? NOTE: Answer in percentage. If your answer is 0.0405, then answer 4.05

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