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A company wants to achieve a weighted average cost of capital of 12.04%. The company has a before-tax cost of debt of 10.14% and a

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A company wants to achieve a weighted average cost of capital of 12.04%. The company has a before-tax cost of debt of 10.14% and a cost of equity of 13.94%. If the tax rate is 37%, what debt-to-equity ratio is needed for the company to achieve its target weighted average cost of capital? O 0.328 0.336 0.345 0.353 0.361

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