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Business, 30.11.2019 04:50 ammyraammirez24

The wacc for a firm is 19.75 percent. you know that the firm is financed with $75 million of equity and $25 million of debt. the cost of debt capital is 7 percent. what is the cost of equity for the firm?

a. 19.75%
b. 24.00%
c. 32.50%
d. 58.00%

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