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tax rate is 21% CC Johnson Mfg has a target debt-equity ratio of 0.33. Its WACC is 9.1% and tax rate is 2 if the

tax rate is 21%

CC Johnson Mfg has a target debt-equity ratio of 0.33. Its WACC is 9.1% and tax rate is 2 if the company's cost of equity is 10%, what is its pre-tax cost of debt

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