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Jones Soda estimates that its cost of capital is 10.00 percent. You observe that the company's required return on stock is 18.00 percent and the

Jones Soda estimates that its cost of capital is 10.00 percent. You observe that the company's required return on stock is 18.00 percent and the (after-tax) yield to maturity on its debt is 2.00 percent. What is the debt-to-equity ratio?

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