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The WACC for a firm is 9.75%. You know that the firm is financed with $75 million of equity and $25 million of debt. If

The WACC for a firm is 9.75%. 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 7%, what is the cost of equity for the firm? 19.75% 24% 10.67% 8%

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