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Your firm is financed 100% with equily and has a cost of equity captal of 15%. You are considering your first debt issue, which would

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Your firm is financed 100% with equily and has a cost of equity captal of 15%. You are considering your first debt issue, which would change your capital structure to 25% debt and 75% equily If your cont of debt is 7%, what will be your new cost of equity? Assume no change in your frmis WACC due to the change in capital structuren The new cost of equity is (Round ts two decimal places)

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