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Petra has a cost of equity of 14.8 percent and a pretax cost of debt of 8.5 percent.The firm's target weighted average cost of capital

Petra has a cost of equity of 14.8 percent and a pretax cost of debt of 8.5 percent.The firm's target weighted average cost of capital is 10 percent and its tax rate i 35 percent. what is the firms target debt-equity ratio?

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