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The Park Place has a return on assets of 13.7 percent, a cost of equity of 20 percent, and a pretax cost of debt of

The Park Place has a return on assets of 13.7 percent, a cost of equity of 20 percent, and a pretax cost of debt of 7.1 percent. What is the debt-equity ratio? Ignore taxes. 0 47 061 0.44 0.88 0.95

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