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Question 18 (1 point) A company has a cost of equity of 13.54% and an unlevered cost of capital of 9.68%. The company has $17,478

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Question 18 (1 point) A company has a cost of equity of 13.54% and an unlevered cost of capital of 9.68%. The company has $17,478 in debt that is selling at par value. The levered value of the firm is $31,108, and the tax rate is 27%. What is the pre-tax cost of debt? 5.56% 5.70% 5.83% 5.97% 6.11%

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