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Calculate Corsairs target debt-equity ratio using the following information. WACC 7.76 percent Cost of equity 9.5 percent Cost of debt (pretax) 6.4 percent Tax rate

Calculate Corsairs target debt-equity ratio using the following information.

WACC 7.76 percent

Cost of equity 9.5 percent

Cost of debt (pretax) 6.4 percent

Tax rate 35 percent

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