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Boston casino inc has an EBIT OF $46,000. It has no debt outstanding, a 34 percent...

Boston casino inc has an EBIT OF $46,000. It has no debt outstanding, a 34 percent corporate tax rate, and a 15 percent cost of capital. After issuing $ 75,000 of debt at 10 percent interest rate, what is the cost of equity of Boston casino inc?
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