Question
Kountry Kitchen has a cost of equity of 11.1 percent, a pretax cost of debt of 5.7 percent, and the tax rate is 21 percent.
Kountry Kitchen has a cost of equity of 11.1 percent, a pretax cost of debt of 5.7 percent, and the tax rate is 21 percent. If the company's WACC is 8.74 percent, what is its debt-equity ratio?
Multiple Choice
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.56
-
2.13
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.60
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.32
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1.44
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The Laymans Guide To Managing Your Investments
Authors: Thomas Dunleavy
1st Edition
979-8763592214
