Jungle, Inc., has a target debtequity ratio of 0.84. Its WACC is 11.5 percent, and the tax rate is 34 percent. Required: (a) If Jungle's cost of equity is 14.5 percent, its pretax cost of debt is percent. (b) If instead, you know the after-tax cost of debt is 6.5 percent, the cost of equity is percent.

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION.