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Fama LLamas has a weighted average cost of capital of 9.8 %. The company's cost of equity is 13%, and its cost of debt is
Fama LLamas has a weighted average cost of capital of 9.8 %. The company's cost of equity is 13%, and its cost of debt is 6.5 %. The tax rate is 35 %. What is Fama's debt-equity ratio?
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