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Roller Coaster's has a WACC of 11.6 percent, ignoring taxes. It has a target capital structure of 60 percent equity and 40 percent debt and

Roller Coaster's has a WACC of 11.6 percent, ignoring taxes. It has a target capital structure of 60 percent equity and 40 percent debt and a cost of equity of 14.27 percent. What is the cost of debt?

5.5 percent

18.7 percent

9.3 percent

9.4 percent

7.6 percent

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