Kose, Inc., has a target debt–equity ratio of .65. Its WACC is 11.2 percent, and the tax rate is 35 percent., ,Requirement 1:,,If Kose’s cost of equity is 15 percent, what is its pretax cost of debt? (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)), , Pretax cost of debt______% ,,Requirement 2:,,If instead you know that the aftertax cost of debt is 6.4 percent, what is the cost of equity? (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)), Cost of equity____%
Regent Papers is a library of common essays on high school, college, undergraduate and postgraduate topics. We have collected top papers from various institution, students and professors. The papers are based on common essay topics in all subjects.