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Winston Company has a debt-to-equity ratio of 1.5. Its WACC is 11%, and its cost of debt is 7%. The corporate tax rate is 35%.
Winston Company has a debt-to-equity ratio of 1.5. Its WACC is 11%, and its cost of debt is 7%. The corporate tax rate is 35%. What is Winston Company's cost of equity? I am not understanding how to get the weighted debt and weighted equity
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