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Glover Tools has a pre - tax cost of debt of 9 % and an unlevered cos of capital of 1 3 . 5 %

Glover Tools has a pre-tax cost of debt of 9% and an unlevered cos of capital of 13.5%. The firm's tax rate is 34% and the cost of equity is 15%. What is the firm's debt-equity ratio?0.420.480.510.580.64

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