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percent. Il ne tax rate IS 21 percent, Wildt IS LIIC U pantys 10. Finding the Target Capital Structure Fama's Llamas has a WACC of

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percent. Il ne tax rate IS 21 percent, Wildt IS LIIC U pantys 10. Finding the Target Capital Structure Fama's Llamas has a WACC of 8.95 percent. The company's cost of equity is 10.4 percent, and its pretax cost of debt is 5.3 percent. The tax rate is 21 percent. What is the company's target debt-equity ratio? on or

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