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22. The Outlet Mall has a cost of equity of 15.53 percent, a pretax cost of debt of 8.92 percent, and a return on assets

22. The Outlet Mall has a cost of equity of 15.53 percent, a pretax cost of debt of 8.92 percent, and a return on assets of 11.98 percent. Ignore taxes. What is the debt-equity ratio? Report as a decimal (e.g. debt-to-equity ratio of 0.5 would be 0.5 and not 50%)

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