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Kountry Kitchen has a cost of equity of 11.9 percent, a pretax cost of debt of 6.4 percent, and the tax rate is 40 percent.

Kountry Kitchen has a cost of equity of 11.9 percent, a pretax cost of debt of 6.4 percent, and the tax rate is 40 percent. If the company's WACC is 8.98 percent, what is its debt-equity ratio? Multiple Choice (0) 36 O 1.76 O 57 o .70 o 1.54

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