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ATR Company has a debt-to-equity ratio of 3/5. If the WACC is 19.80% and the pretax cost of debt is 9.00%, what is the cost

ATR Company has a debt-to-equity ratio of 3/5. If the WACC is 19.80% and the pretax cost of debt is 9.00%, what is the cost of common equity assuming a tax rate of 36%?

21.71%

40.86%

31.68%

26.28%

28.22%

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