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QUESTION
Huesenberg Products has a target debt-equity ratio of 3. Its WACC is 13 percent, and the tax rate is 35 percent.If Huesenberg's cost of equity is 18
Huesenberg Products has a target debt-equity ratio of 3. Its WACC is 13 percent, and the tax rate is 35percent.If Huesenberg's cost of equity is 18 percent, what is its pretax cost of debt?
