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CC Cruises has a debtequity ratio of 1.5. The cost of equity is 15 percent and the pretax cost of debt is 10 percent. What

CC Cruises has a debtequity ratio of 1.5. The cost of equity is 15 percent and the pretax cost of debt is 10 percent. What is the capital structure weight of the firm's equity if the firm's tax rate is 34 percent?

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40%

60%

20.4%

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