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Debbie's Cookies has a return on assets of 8.1 percent and a cost of equity of 11.2 percent. What is the pretax cost of debt
Debbie's Cookies has a return on assets of 8.1 percent and a cost of equity of 11.2 percent. What is the pretax cost of debt if the debt-equity ratio is .79? Ignore taxes.
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
9th Edition
978-0134083285, 134083288, 978-0134084015
