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Fama's Llamas has a WACC of 1 0 . 2 percent. The company's cost of equity is 1 2 percent, and its pretax cost of
Fama's Llamas has a WACC of percent. The company's cost of equity is percent, and its pretax cost of debt is percent. The tax rate is percent. What is the company's target debtequity ratio?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
Debtequity ratio
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