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Fama's Llamas has a WACC of 8.65 percent. The company's cost of equity is 11 percent, and its cost of debt is 6 percent. The
Fama's Llamas has a WACC of 8.65 percent. The company's cost of equity is 11 percent, and its cost of debt is 6 percent. The tax rate is 35 percent. What is Fama's target debt-equity ratio?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
