What is king levered cost of equity, Financial Accounting

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What is king levered cost of equity

Problem 1: King's unlevered cost of equity is 11.71 percent and its pretax cost of debt is 8 percent. The firm has a debt-equity ratio of .3. If the tax rate is 21 percent, what is King's levered cost of equity? Enter your answer as a decimal number, rounded to the fourth decimal place

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Financial Accounting: What is king levered cost of equity

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