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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 6 . 5 percent, and
Fama's Llamas has a weighted average cost of capital of percent. The company's cost of equity is percent, and its pretax cost of debt is percent. The tax rate is percent. What is the company's target debtequity ratio?
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