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9.13. A company's capital structure consists of debt and equity. When debt is 25% of the total, the equity cost of capital is 0.15 and
9.13. A company's capital structure consists of debt and equity. When debt is 25% of the total, the equity cost of capital is 0.15 and the debt cost of capital is 0.04. When debt is 50% of the total, the equity cost of capital is 0.20 Calculate the debt cost of capital when debt is 50% of total capital
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