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A company has a target debt-to-equity ratio of 1.27. Its WACC is 9.30%, and the tax rate is 26%. If the company's cost of equity
A company has a target debt-to-equity ratio of 1.27. Its WACC is 9.30%, and the tax rate is 26%. If the company's cost of equity is 15.50%, what is its pre-tax cost of debt?
|
| 5.52% |
|
| 5.67% |
|
| 5.82% |
|
| 5.97% |
|
| 6.12% |
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