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What is Craft Corp cost of equity

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Question - Craft Corp. has no debt but can borrow at 7%. The firm's WACC is 13%, and the tax rate is 40%. What is Craft Corp.'s cost of equity?

Reference no: EM133044594

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What is Craft Corp cost of equity : Craft Corp. has no debt but can borrow at 7%. The firm's WACC is 13%, and the tax rate is 40%. What is Craft Corp.'s cost of equity
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