A firm has a debt-equity ratio of .35, a pretax cost of debt of 8.5...
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Accounting
A firm has a debt-equity ratio of .35, a pretax cost of debt of 8.5 percent, and a required return on assets of 11.7 percent. What is the cost of equity if you ignore taxes?
it can not be determined from the information provided
15.8%
13.9%
12.8%
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