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Bermuda Cruises issues only common stock and coupon bonds. The company has a debt to equity ratio of 1.39. The cost of equity is 13.4

Bermuda Cruises issues only common stock and coupon bonds. The company has a debt to equity ratio of 1.39. The cost of equity is 13.4 percent and the pretax cost of debt is 7.5 percent.

What is the capital structure weight of the company's equity if the company's tax rate is 35 percent?

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