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Your firm has a DE of 12, equity cost of capital of 10% and a debt cost of capital of 4% but wants to change

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Your firm has a DE of 12, equity cost of capital of 10% and a debt cost of capital of 4% but wants to change the ti to 13. homoed your debt capital, what will be the firm's new equity cost of capital? (Please use 6 decimal places, please write 10.8888 as 0.1083)

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