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Fama's Llamas has a weighted average cost of capital of 1 0 percent. The company's cost of equity is 1 5 percent, and its pretax

Fama's Llamas has a weighted average cost of capital of 10 percent. The company's cost of equity is 15 percent, and its pretax cost of debt is 7.5 percent. The tax rate is 31 percent. What is the company's target debt-equity ratio?
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1.0881
0.9845
2
1.0363
10777
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