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What is the expected rate of return to equity holders if the firm has a tax rate of 21%, the interest rate on debt is

What is the expected rate of return to equity holders if the firm has a tax rate of 21%, the interest rate on debt is 11%, WACC is 16%, and the debt-asset ratio is 60% ? Multiple Choice 13.50% 22.57% 23.82% 26.97%

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