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Famas Llamas has a weighted average cost of capital of 9.4 percent. The companys cost of equity is 13 percent, and its cost of debt

Famas Llamas has a weighted average cost of capital of 9.4 percent. The companys cost of equity is 13 percent, and its cost of debt is 7.6 percent. The tax rate is 24 percent. What is the companys debt-equity ratio?

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