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Suppose you borrow $7,228.69 when financing a gym valued at $41,820.04. Assume that the unlevered cost of the gym is 16.47% and that the cost

Suppose you borrow $7,228.69 when financing a gym valued at $41,820.04. Assume that the unlevered cost of the gym is 16.47% and that the cost of debt is valued at 11.32%. What should be the cost of equity of your firm?

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