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Your firm has a debt-equity ratio of 1.75. Your pre-tax cost of debt is 8.5% and your otherwise unlevered cost of equity is 13.2%. What

Your firm has a debt-equity ratio of 1.75. Your pre-tax cost of debt is 8.5% and your otherwise unlevered cost of equity is 13.2%. What is your levered cost of equity if you ignore taxes?

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19.88%

12.21%

16.67%

21.43%

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