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ABC company has a cost of equity of 2 1 . 6 2 % , a before - tax cost of debt of 4 .

ABC company has a cost of equity of 21.62%, a before-tax cost of debt of 4.42%The cost of equity of an unlevered firm (Note: cost of equity of unlevered firm return on assets=cost of capital of the firm's assets is 11.7%. Assume no taxes. What is the D/E Ratio? Enter your answer rounded off to two decimal points.

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