Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in rows $6$ through $10.$ The required answers are in rows $16$ through $17.$

"Ursala, Inc., has a target debt$-$equity ratio of $\mathrm{.}65.$ Its WACC is$10\mathrm{.}4$ percent, and the tax rate is $23$ percent.

a$.$ If the company$$s cost of equity is $14$ percent, what is its pretax cost of debt?

b$.$ If instead you know that the aftertax cost of debt is $5\mathrm{.}8$ percent, what is the cost of$$equity$?"$

Input Area:

$$ Debt$-$equity ratio $0\mathrm{.}65$

$$ WACC $10\mathrm{.}40\%$

$$ Tax rate $23\%$

a$.$ Cost of equity $14\%$

b$.$ Aftertax cost of debt $5\mathrm{.}80\%$

$($Use cells A$6$ to C$10$ from the given information to complete this question.$)$

Output Area:

a$.$ RD $$

b$.$ RE $$

Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.

Nothing in this area will be graded, but it will be submitted with your assignment.