Savo Butler, Inc., has a target debt-equity ratio of 1.45. Its WACC IS 96 percent, and the tax rate is 24 percent 08 a. If the company's cost of equity is 13.4 percent, what is its pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If instead you know that the aftertax cost of debt is 56 percent, what is the cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) a. Pretax cost of debt % b. Cost of equity