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NEED ANSWER ASAP Rye Financial has a required return on assets of 9.27%, cost of debt of 2.47%, and is financed with a debt-to-equity ratio
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Rye Financial has a required return on assets of 9.27%, cost of debt of 2.47%, and is financed with a debt-to-equity ratio of 1.43. If there are no corporate taxes, what would be the weight of equity in Rye Financial? A) There is not enough information. OB) 57.6% C) 24.3% D) 58.8% E) 41.2%Step by Step Solution
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