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Suppose you borrow $7,936.22 when financing a gym valued at $37,423.48. Assume that the unlevered cost of the gym is 17.56% and that the cost

Suppose you borrow $7,936.22 when financing a gym valued at $37,423.48. Assume that the unlevered cost of the gym is 17.56% and that the cost of debt is valued at 6.71%. What should be the cost of equity of your firm?

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