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A company has a cost of equity of 12.10% and an unlevered cost of capital of 8.30%. The company has $15,216 in debt that is

A company has a cost of equity of 12.10% and an unlevered cost of capital of 8.30%. The company has $15,216 in debt that is selling at par value. The levered value of the firm is $27,124, and the tax rate is 21%. What is the pre-tax cost of debt?

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