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The Bell Jar has a target WACC of 9.5 percent. The firm has an aftertax cost of debt of 5.4 percent and a cost of
The Bell Jar has a target WACC of 9.5 percent. The firm has an aftertax cost of debt of 5.4 percent and a cost of equity of 14 percent. What debt-to-equity ratio is needed for the firm to achieve its target WACC
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