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Kountry Kitchen has a cost of equity of 11.5 percent, a pretax cost of debt of 61 percent, and the tax rate is 21 percent.

Kountry Kitchen has a cost of equity of 11.5 percent, a pretax cost of debt of 61 percent, and the tax rate is 21 percent. If the company's WACC is 8.86 percent, what is its debt-equity ratio? Multiple Choice 34 64 (195) bs

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