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Kountry Kitchen has a cost of equity of 11.7 percent, a pretax cost of debt of 6.3 percent, and the tax rate is 35 percent.
Kountry Kitchen has a cost of equity of 11.7 percent, a pretax cost of debt of 6.3 percent, and the tax rate is 35 percent. If the company's WACC is 8.92 percent, what is its debt-equity ratio? Multiple Choice 1.74 1.55 .58 .37 .71 Step by Step Solution
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Fundamentals Of Healthcare Finance
Authors: Louis C. Gapenski
2nd Edition
1567934757, 978-1567934755
