If the cost of equity capital is 15% p.a., the market value of equity is $5 million, the company tax rate is 30%, the cost of debt is 12% p.a. and y

If the cost of equity capital is 15% p.a., the market value of equity is $5 million, the company tax rate is 30%, the cost of debt is 12% p.a. and y = 0.60, what is the cost of capital?

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