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A firm has an expected return on equity of 14% and an after-tax cost of debt of 7%. What debt-equity ratio should be used in
A firm has an expected return on equity of 14% and an after-tax cost of debt of 7%. What debt-equity ratio should be used in order to keep the WACC at 11%? O 1 O 0.75 O 0.5 O 0.25
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