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Kose, Inc, has a target debt–equity ratio of

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Kose, Inc, has a target debt–equity ratio of .45. Its WACC is 9.8 percent, and the tax rate is 35 percent. a. If Kose’s cost of equity is 13 percent, what is its pre-tax cost of debt? b. If instead you know that the after-tax cost of debt is 5.9 percent, what is the cost of equity?