A firm has a debt-equity ratio of.52, a pretax cost of debt of 6.5 percent,...

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A firm has a debt-equity ratio of.52, a pretax cost of debt of 6.5 percent, and a required return on assets of 12 percent. Ignoring taxes, what is the cost of equity? Multiple Choice 12.86 percent 14.36 percent 14.86 percent 20.36 percent 12.00 percent

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