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You are analyzing a company. Rutgers, and come across the following information. Rutgers has 5100 milion in debt, paying 10% annually, while their equity is

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You are analyzing a company. Rutgers, and come across the following information. Rutgers has 5100 milion in debt, paying 10% annually, while their equity is valued at $100 million. Their corporate tax rate is 40 percent. If the WACC for the company is 14%, what is Rutgery cost of equity? 209 21% 0 0 0 0 0 23 24

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