Question 6 The Woodworker has a pretax cost of debt of 6.25 percent and a return on assets of 15.5 percent. The debt-equity ratio is .41. Ignore taxes. What is the cost of equity? 18.46 percent 18.78 percent O 19.43 percent 18.94 percent 1 pts 19.29 percent

The Woodworker has a pretax cost of debt of 6.25 percent and a return on assets of 15.5 percent. The debt-equity ratio is .41 . Ignore taxes. What is the cost of equity? 18.46 percent 18.78 percent 19.43 percent 18.94 percent 19.29 percent