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A firm wants to create a weighted average cost of capital of 7.2%. the firms cost of equity is 10% and its pre-tax cost of

A firm wants to create a weighted average cost of capital of 7.2%. the firms cost of equity is 10% and its pre-tax cost of debt is 8%. the tax rate is 34%. what does the debt-equity ratio need to be for the firm to achieve its target WACC? (Answer 1.46) i need explanation

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