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Debbie's Cookies has a return on assets of 9.7 percent and a cost of equity of 14.1 percent. What is the pretax cost of debt
Debbie's Cookies has a return on assets of 9.7 percent and a cost of equity of 14.1 percent. What is the pretax cost of debt if the debtequity ratio is .71? Ignore taxes.
3.70%
3.89%
3.18%
3.50%
4.05%
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