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13. Jetfish Boats issues only common stock and coupon bonds. The firm has a debt-equity ratio of 0.35. The cost of equity is 12% and

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13. Jetfish Boats issues only common stock and coupon bonds. The firm has a debt-equity ratio of 0.35. The cost of equity is 12% and the pre-tax cost of debt is 7%, what is the capital structure weight of the firm's equity if the firm's tax rate is 40 percent

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