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ABC Corp.'s cost of equity is 9.8 percent, the expected return on the market is 13.6 percent, and the risk-free rate is 3.8 percent. What

ABC Corp.'s cost of equity is 9.8 percent, the expected return on the market is 13.6 percent, and the risk-free rate is 3.8 percent. What is the firm's debt-equity ratio if its asset beta is .33? Assume there is no preferred stock. .70 .23 .52 .82 .59

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