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11. Central Systems, Inc. desires a WACC of 8%. The firm has an after-tax cost of debt of 4.8 percent and a cost of equity

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11. Central Systems, Inc. desires a WACC of 8%. The firm has an after-tax cost of debt of 4.8 percent and a cost of equity of 15.2 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted average cost of capital? a. 0.38 b. 0.44 c. 1.02 d. 2.25

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