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The Outlet has a cost of equity of 16.8 percent, a pre-tax cost of debt of 8.1 percent, and a return on assets of 14.5
The Outlet has a cost of equity of 16.8 percent, a pre-tax cost of debt of 8.1 percent, and a return on assets of 14.5 percent. Ignore taxes. What is the debt-equity ratio?
1) | 0.28 | |
2) | 0.36 | |
3) | 0.44 | |
4) | 0.52 | |
5) | 0.57 |
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