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Business, 19.08.2021 23:40 mathiscool51

Debbie's Cookies has a return on assets of 12.6 percent and a cost of equity of 14.8 percent. What is the pretax cost of debt if the debt-equity ratio is .38? a. 5.87 percent
b. 6.81 percent
c. 7.31 percent
d. 95.29 percent
e. 904 percent

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