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4. TLM has a cost of equity of 15 percent and a pre-tax cost of debt of 8 percent. The required return on the assets

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4. TLM has a cost of equity of 15 percent and a pre-tax cost of debt of 8 percent. The required return on the assets is 13 percent. What is the firm's debt-equity ratio based on M&M II with no taxes

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