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The Beta Corporation has an optimal debt ratio of 4 0 percent. Its cost of equity capital is 1 1 percent, and its before -

The Beta Corporation has an optimal debt ratio of 40 percent. Its cost of equity capital is 11 percent, and its before-tax borrowing rate is 8 percent. Given a marginal tax rate of 30 percent. the weighted-average cost of capital answer is 8.84; I need the cost of equity for an equivalent all-equity financed firm

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