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Question 21 4.5 pts The Indigo Road desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt
Question 21 4.5 pts "The Indigo Road" desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent and a cost of equity of 15.4 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted average cost of capital? 56 42 37 44 34
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