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QUESTION 6 If a firm has a weighted-average cost of capital (WACC) of 6.508%, a required return on debt of 2.652% and a required return

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QUESTION 6 If a firm has a weighted-average cost of capital (WACC) of 6.508%, a required return on debt of 2.652% and a required return on equity of 12,358%, what proportion of the firm's capital structure is equity if the firm pays 29% in taxes? Assume no preferred stock. Enter your answer as a decimal, e.. 0.3456 for 34.56%, not 34.56

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