Skillet industries has a debtndashequity ratio of 15 its, Business Economics

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Skillet industries has a debtndashequity ratio of 15 its

Skillet Industries has a debt–equity ratio of 1.5. Its WACC is 9 percent, and its cost of debt is 5.5 percent. The corporate tax rate is 35 percent. What is the company’s cost of equity capital? What is the company’s unlevered cost of equity capital?

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