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Weston Industries has a debtequity ratio of 1.6. Its WACC is 8.6 percent, and its cost of debt is 6.1 percent. The corporate tax rate

Weston Industries has a debtequity ratio of 1.6. Its WACC is 8.6 percent, and its cost of debt is 6.1 percent. The corporate tax rate is 35 percent.

What would the cost of equity be if the debt-equity ratio were 1?

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