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Famas Llamas has a weighted average cost of capital of 9.9 percent. The companys cost of equity is 13.5 percent, and its cost of debt
Famas Llamas has a weighted average cost of capital of 9.9 percent. The companys cost of equity is 13.5 percent, and its cost of debt is 8.1 percent. The tax rate is 24 percent. What is the companys debt-equity ratio?
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