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Multiple Choice 8.03% 7.73% 7.34% 6.95% 6.32% Debbie's Cookies has a return on assets of 9.4 percent and a cost of equity of 11.7 percent.

Multiple Choice 8.03% 7.73% 7.34% 6.95% 6.32%

Debbie's Cookies has a return on assets of 9.4 percent and a cost of equity of 11.7 percent. What is the pretax cost of debt if the debtequity ratio is .94? Ignore taxes. Multiple Choice O O O O O 8.03% 773% 734% 6.95% 6.32%

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