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Windhoek Corp. has a corporate tax rate is 2 1 % and debt - to - equity ratio of 1 . 5 0 . Its

Windhoek Corp. has a corporate tax rate is

21 %

and debt

-

-

equity ratio of

1.50 .

Its cost of equity would be

10 %

if it had no debt and its cost of debt is

8 % .

What is its current cost of equity?

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