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Starset, Inc., has a target debt-equity ratio of 0.73. Its WACC is 12 percent, and the tax rate is 31 percent. If the company's cost
Starset, Inc., has a target debt-equity ratio of 0.73. Its WACC is 12 percent, and the tax rate is 31 percent. If the company's cost of equity is 15 percent, what is the pretax cost of debt? If instead you know that the aftertax cost of debt is 5.6 percent, what is the cost of equity
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