Alabaster Incorporated wants to be levered at a debt to value ratio of .6 ....
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Accounting
Alabaster Incorporated wants to be levered at a debt to value ratio of .6 . The cost of debt is 9%. the tax rate is 35% and the cost of equity for an all equity firm is 12%. What will be Alabaster's cost of equity? ( Please show all work and show the answer as a percentage)
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