Question: FastAccess has capital structure with 74% debt at a 10.2% interest rate. Its beta is 0.84 , the risk-free rate is 2%, and the market

FastAccess has capital structure with 74% debt at a 10.2% interest rate. Its beta is 0.84 , the risk-free rate is 2%, and the market risk premium is 6%. Given a tax rate of 22%, what is the unlevered cost of equity (in percent)

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