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The WACC for a firm is 8%. You know that the firm is financed with $75 million of equity and $25 million of debt. If
The WACC for a firm is 8%. You know that the firm is financed with $75 million of equity and $25 million of debt. If the after-tax cost of debt is 5%, what is the cost of equity for the firm? a. 18% b. 9% c. 22.33% d. 13%
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