Debbie's Cookies has a return on assets of 9.2 percent and a cost of equity of 11.9 percent. What is the pretax cost of debt if the debt-equity ratio is .93? Ignore taxes. Multiple Choice 7.28% 5.72% 6.30% 7.00% 6.65% Taunton's is an all-equity firm that has 160,000 shares of stock outstanding. The CFO is considering borrowing $341,000 at 7 percent interest to repurchase 29,000 shares. Ignoring taxes, what is the value of the firm? Multiple Choice $2,315,544 $2,431,321 $2.150,148 $1,881,379 $1,970,969