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The weighted average cost of capital for Sunny Ltd (assuming all three Modigliani and Miller assumptions apply) is 12 percent. What is the current cost

The weighted average cost of capital for Sunny Ltd (assuming all three Modigliani and Miller assumptions apply) is 12 percent. What is the current cost of equity capital for the firm if its cost of debt is 10 percent and the proportion of debt to total firm value for the firm is 0.5

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