Presley cleaners has an all-equity capital structure with, Finance Basics

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Presley cleaners has an all-equity capital structure with

Question: Presley Cleaners has an all-equity capital structure with an equity value of $64,100. The expected earnings are $8,900 based on estimated sales of $60,000. The firm pays no taxes. What is the cost of capital? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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