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Fama's lamas has a weighted average cost of capital of 9.6%. The comapny's cost of equity is 12%, and its pretax cost of debt is

Fama's lamas has a weighted average cost of capital of 9.6%. The comapny's cost of equity is 12%, and its pretax cost of debt is 7.9% The tax rate is 35%. What is the company's taget debt equity ratio?

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