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your firm is financed 100% with equity and has a cost of equity capital of 9%. you are considering your first debt issue, which would

your firm is financed 100% with equity and has a cost of equity capital of 9%. you are considering your first debt issue, which would change your capital structure to 31% debt and 69% equity. If your cost of debt is 6%, what will be your new cost of equity? assume no change in your firms WACC

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