Industries has a debt-equity ratio of 1.5. Its WACC is 8.4%, and its cost of debt is 5.9%. The corporate tax rate is 35%

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answerhappygod
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Industries has a debt-equity ratio of 1.5. Its WACC is 8.4%, and its cost of debt is 5.9%. The corporate tax rate is 35%

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Industries has a debt-equity ratio of 1.5. Its WACC is
8.4%, and its cost of debt is 5.9%. The corporate tax rate is 35%.
(Do not round intermediate calculations. Enter your answer as a
percentage rounded to 2 decimal places.)
a. What is the company’s cost of equity capital? Cost of equity
capital %
b. What is the company’s unlevered cost of equity capital?
Unlevered cost of equity capital %
c-1. What would the cost of equity be if the debt-equity ratio
were 2? Cost of equity %
c-2. What would the cost of equity be if the debt-equity ratio
were 1.0? Cost of equity %
c-3. What would the cost of equity be if the debt-equity ratio
were zero? Cost of equity %
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