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Kose, Inc., has a target debt-equity ratio of 1.27. Its WACC is 10 percent, and the tax rate is 21 percent. If the companys cost

Kose, Inc., has a target debt-equity ratio of 1.27. Its WACC is 10 percent, and the tax rate is 21 percent. If the companys cost of equity is 16 percent, what is its pretax cost of debt?

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