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Fama's Llamas has a WACC of 10.40 percent. The company's cost of equity is 13.4 percent, and its cost of debt is 8.8 percent. The
Fama's Llamas has a WACC of 10.40 percent. The company's cost of equity is 13.4 percent, and its cost of debt is 8.8 percent. The tax rate is 38 percent. Required: What is Fama's target debt-equity ratio? (Round your answer to 4 decimal places) Debt-equity ratio
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The Smart Investors Survival Guide
Authors: Charles Carlson
1st Edition
0385503873, 978-0385503877
