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Matroyshka, Inc., has a target debtequity ratio of 1.70. Its WACC is 8.9 percent, and the tax rate is35 percent. a. If the company's cost

Matroyshka, Inc., has a target debtequity ratio of 1.70. Its WACC is 8.9 percent, and the tax rate is35 percent.

a.If the company's cost of equity is 13 percent, what is its pretax cost of debt?

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