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Suppose WS Corp has a current capital structure of 25% debt and 75% equity. The risk-free...

Suppose WS Corp has a current capital structure of 25% debt and 75% equity. The risk-free rate of interest is 3% and the expected return on the market is 11%. WS has a 40% marginal tax rate and the current cost of equity if 15%. What would be the cost of equity if it changed its capital structure to 50% debt and 50% equity?

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