Question
The Outlet Mall has a cost of equity of 12.8 percent, a pretax cost of debt of 6.4 percent, and a return on assets of
The Outlet Mall has a cost of equity of 12.8 percent, a pretax cost of debt of 6.4 percent, and a return on assets of 11.1 percent. Ignore taxes. What is the debtequity ratio?
Multiple Choice
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2.37
-
.42
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2.76
-
.36
-
.45
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
