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We are considering an investment opportunity with the following projected cash flow We choose the following capital structure plans: Tax rate is 30%. Market Return

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We are considering an investment opportunity with the following projected cash flow We choose the following capital structure plans: Tax rate is 30%. Market Return is 15\% and risk-free rate is 5%. The fair value of the project is $10,000. What is the cost of equity if the proportion of Debt increases to 50% ? Note: if none of the following answer match your calculation, choose the closest answer. 17.4% 16.9% 12.5% 11.3%

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