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You are analyzing the cost of capital for a firm that is financed equally by debt and equity. The cost of debt for the firm

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You are analyzing the cost of capital for a firm that is financed equally by debt and equity. The cost of debt for the firm is 9 percent, while the cost of equity is 19 percent. What is the overall cost of capital for the firm? Assume the firm pays no tax. 13.00% 16.00% 15.00% 14.00%

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