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Pumpkin Co. issues only common stock and coupon bonds. The firm has a debt-equity ratio of .45. The cost of equity is 20 percent and

Pumpkin Co. issues only common stock and coupon bonds. The firm has a debt-equity ratio of .45. The cost of equity is 20 percent and the pre-tax cost of debt is 8 percent. The tax rate is 30 percent. what is the capital structure weight of the firms equity

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