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A company has a weighted average cost of capital of 9.5 %. The company's cost of equity is 15.5% , and its pre-tax cost of

A company has a weighted average cost of capital of 9.5 %. The company's cost of equity is 15.5% , and its pre-tax cost of debt it is 8.5 percent. The tax rate is 34 %

What is the company's target debt-equity ratio?

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