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6 Fama's Llamas has a weighted average cost of capital of 8.6 percent. The company's cost of equity is 12.2 percent, and its cost of

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6 Fama's Llamas has a weighted average cost of capital of 8.6 percent. The company's cost of equity is 12.2 percent, and its cost of debt is 6.8 percent. The tax rate is 21 percent. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) 10 points Answer is complete but not entirely correct. Debt-equity ratio 4.2080

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