How might inflation impact your capital budgeting decisions with this time of rising interest rates? what are some steps you can take to be sure thag your capital budgeting decisions are robust to the afftects of inflation?

Butler, Inc., has a target debt-equity ratio of 1.70. Its WACC is 8.8 percent, and the tax rate is 24 percent a. If the company's cost of equity is 128 percent, what is its pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If instead you know that the aftertax cost of debt is 6.9 percent, what is the cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Pretax cost of debt b. Cost of equity 8.48% %