Question
The Outlet Mall has a cost of equity of 14.16 percent, a pretax cost of debt of 7.42 percent, and a return on assets
The Outlet Mall has a cost of equity of 14.16 percent, a pretax cost of debt of 7.42 percent, and a return on assets of 12.24 percent. Ignore taxes. What is the debt-equity ratio? Report as a decimal (e.g. debt-to-equity ratio of 0.5 would be 0.5 and not 50%)
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