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The WACC for a firm is 19.75 percent. You know that the firm is financed with $75 million of equity and $25 million of debt.

The WACC for a firm is 19.75 percent. You know that the firm is financed with $75 million of equity and $25 million of debt. The cost of debt capital is 7 percent. What is the cost of equity for the firm

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