The equity beta for National Napkin Company is 1.29. National Napkin has a debt-to,equity ratio of 1.0. The expected return on the market is 13 percent. The risk-free rate is,7 percent. The cost of debt capital is 7 percent. There are no corporate taxes.,(a) What is National Napkin’s cost of equity?,(b) What is National Napkin’s ?Unlevered?,(c) Calculate rWACC
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