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Assuming that Gene Co maintains a weighted average cost of capital of 8.5 percent, with 4.8 percent being the after-tax cost of debt and 15.2

Assuming that Gene Co maintains a weighted average cost of capital of 8.5 percent, with 4.8 percent being the after-tax cost of debt and 15.2 percent being the cost of equity, what is the debt-equity ratio?

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