Its cost of debt is 16 if the corporate tax rate is 36 what, Financial Management

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Its cost of debt is 16 if the corporate tax rate is 36 what

A firm has a debt-to-equity ratio of 0.64. Its cost of equity is 19%, and its cost of debt is 16%. If the corporate tax rate is 36%, what would it’s cost of equity be if the firm was all equity financed? (Answer in percentage terms. Round answer to 2 decimal places, do not round intermediate calculations)

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Financial Management: Its cost of debt is 16 if the corporate tax rate is 36 what

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Financial Management: Its cost of debt is 16 if the corporate tax rate is 36 what

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