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A firm has a debt-to-equity ratio of 1.75.If it had no debt, its cost of equity would be 14%.Its cost of debt is 10%.What is its cost of equity if the corporate tax rate is 30%?
Coworkers
Individuals who work together in the same organization or workplace, often sharing tasks and responsibilities.
Honest
The quality of being truthful, sincere, and free from deceit or fraud.
Self-monitoring
The practice of paying attention to one's own behavior and its effects on others, with the potential to adjust behavior based on social cues.
Judged
Considered or deemed to be in a certain way, often involving forming an opinion or evaluation.
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