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A firm wants to create a WACC of 10.0%. The firm's cost of equity is 14.8% and its pretax cost of debt is 8.5%. The

A firm wants to create a WACC of 10.0%. The firm's cost of equity is 14.8% and its pretax cost of debt is 8.5%. The tax rate is 40%. What does the debtequity ratio need to be for the firm to achieve its target WACC?

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