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Kountry Kitchen has a cost of equity of 12.2 percent, a pretax cost of debt of 6.1 percent, and the tax rate is 23 percent.

Kountry Kitchen has a cost of equity of 12.2 percent, a pretax cost of debt of 6.1 percent, and the tax rate is 23 percent. If the company's WACC is 9.07 percent, what is its debt-equity ratio? Multiple Choice .42 .85 .72 1.40 1.69

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