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Chapter 13 - Review Problems (Graded) Saved Help Save & Exit Submit Check my work Problem 13-7 Finding the Capital Structure 12.5 points Fama's Llamas
Chapter 13 - Review Problems (Graded) Saved Help Save & Exit Submit Check my work Problem 13-7 Finding the Capital Structure 12.5 points Fama's Llamas has a weighted average cost of capital of 8.6 percent. The company's cost of equity is 12.2 percent, and its cost of debt is 6.8 percent. The tax rate is 21 percent. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Debt-equity ratio eBook Hint References
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