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Afirm has a WACC of 10.5 percent. The cost of equity is 15.5percent, and its pretax cost of debt is 8.5 percent. The tax rateis

Afirm has a WACC of 10.5 percent. The cost of equity is 15.5percent, and its pretax cost of debt is 8.5 percent. The tax rateis 34 percent. What is the the debt to equity ratio? 2 answers

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