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Problem 13-7 Finding the Capital Structure Fama's Llamas has a weighted average cost of capital of 8.5 percent. The company's cost of equity is 12.1

image text in transcribed Problem 13-7 Finding the Capital Structure Fama's Llamas has a weighted average cost of capital of 8.5 percent. The company's cost of equity is 12.1 percent, and its pretax cost of debt is 6.7 percent. The tax rate is 25 percent. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Debt-equity ratio

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