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Zohar, Inc., has a return on assets of 8.5 percent and a cost of equity of 12.9 percent. What is the pretax cost of debt

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Zohar, Inc., has a return on assets of 8.5 percent and a cost of equity of 12.9 percent. What is the pretax cost of debt if the debt-equity ratio is .83? Ignore taxes. Multiple Choice 3.38% O O 3.20% O 3.70% O 3.55% 2.91% a

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