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The firms wacc is currently 12 percent and there is no

Malkin Corp. has no debt but can borrow at 6.75 percent. The firm’s WACC is currently 12 percent, and there is no corporate tax. a. What is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g., 32.

WACC 10 percent % 50 percent %

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