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Famas Llamas has a weighted average cost of capital of 8.1 percent. The companys cost of equity is 11.7 percent, and its cost of debt

Famas Llamas has a weighted average cost of capital of 8.1 percent. The companys cost of equity is 11.7 percent, and its cost of debt is 6.3 percent. The tax rate is 21 percent. What is the companys debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

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