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Use the following information about company Acme for question 2. Debt of $300 with a cost of 10% Equity of $150 with a cost of

Use the following information about company Acme for question 2.

Debt of $300 with a cost of 10%

Equity of $150 with a cost of 20%

Tax rate of 50%

What is the required rate of return Acme would use for projects similar in risk to its existing business?

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