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Debbie's Cookies has a return on assets of 8 . 3 percent and a cost of equity of 1 1 . 4 percent. What is

Debbie's Cookies has a return on assets of 8.3 percent and a cost of equity of 11.4 percent. What is the pretax cost of debt if the debtequity ratio is .83? Ignore taxes.
Multiple Choice
4.57%
4.15%
5.28%
4.82%
5.07%

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