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A company has a cost of equity of 18%, and an after-tax cost of debt of 8%. If the owners of this company want their

A company has a cost of equity of 18%, and an after-tax cost of debt of 8%. If the owners of this company want their WACC to be less than 14%, what is the minimum proportion of debt financing they must use? 0.38 .44 40 0.35

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