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Tes Co has a required return on assets of 8.51%, cost of debt of 2.47%, and is financed with a debt-to-equity ratio of 2.51. If

Tes Co has a required return on assets of 8.51%, cost of debt of 2.47%, and is financed with a debt-to-equity ratio of 2.51. If there are no corporate taxes, what would be the weight of equity in Tes co?

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