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XYZ Corp. currently has no debt, no excess cash, and an equity beta of 1. The risk free rate is 2.5% and the expected return

XYZ Corp. currently has no debt, no excess cash, and an equity beta of 1. The risk free rate is 2.5% and the expected return on the market is 8.9%. Given this information calculate the firm's unlevered cost of capital ru. Express your result in percent and round to two decimals (do not include the %-symbol in your answer).

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