Question
Famas Llamas has a WACC of 10.5 percent. The companys cost of equity is 13.6 percent, and its cost of debt is 8.7 percent. The
Famas Llamas has a WACC of 10.5 percent. The companys cost of equity is 13.6 percent, and its cost of debt is 8.7 percent. The tax rate is 30 percent. Required: What is Famas target debt-equity ratio? (Do not round intermediate calculations. Round your answer to 4 decimal places (e.g., 32.1616).) Debtequity ratio
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Sport Finance
Authors: Gil Fried, Steven Shapiro, Timothy D. Deschriver
2nd Edition
0736067701, 978-0736067706
