Wild Flowers Express has a debt-equity ratio of .60. The pretax cost of debt is 9 percent while the unlevered cost of capital is 14 percent. What is the cost of equity if the tax rate is 23 percent? 3.03 Multiple Choice points 02:40:32 16.83 percent 8.78 percent 7.52 percent 17.30 percent 16.31 percent