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Famas Llamas has a WACC of 8.65 percent. The companys cost of equity is 11 percent, and its cost of debt is 6 percent. The

Famas Llamas has a WACC of 8.65 percent. The companys cost of equity is 11 percent, and its cost of debt is 6 percent. The tax rate is 35 percent. What is Famas target debt- equity ratio? SHOW WORK WITH FORMULA PLEASE

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