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Amdoc Inc. has a weighted average cost of capital of 9.8%. The companys cost of equity is 13%, and its pretax cost of debt is
Amdoc Inc. has a weighted average cost of capital of 9.8%. The companys cost of equity is 13%, and its pretax cost of debt is 7.5%. The tax rate is 21%. What is the companys debt-equity ratio? A. 0.8258 B. 1.0332 C. 0.7451 D. 0.9453
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