[Solved] 9. 30. A firm has an un-levered cost of c

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9. 30. A firm has an un-levered cost of capital of 10%, a cost of debt of 9%, and a tax rate of 34%. ?fit

9. 30. A firm has an un-levered cost of capital of 10%, a cost of debt of 9%, and a tax rate of 34%. ?fit desires a cost of equity of 14%, what is its target debt/equity ratio? a. 0.66 b. 1 c. 4 d. 6 C. 10

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