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A company wants to have a weighted average cost of capital of 7.80%. The firm has an after-tax cost of debt of 4.8% and a

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A company wants to have a weighted average cost of capital of 7.80%. The firm has an after-tax cost of debt of 4.8% and a cost of equity of 12%. What debt equity ratio is needed for the firm to achieve its targeted weighted average cost of capital? (Hint: WdWS 1) 0 1.40 O 1.27 1,53 1.66 1.79

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