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The Spartan Co. has an unlevered cost of capital of 11%, a cost of debt of 8%, and a tax rate of .20 * ?25%.
The Spartan Co. has an unlevered cost of capital of 11%, a cost of debt of 8%, and a tax rate of .20 * ?25%. What is the target debt-equity ratio if the targeted cost of equity is 12% 2 (2 ) 0.49 O 0.55 O 0.44 0.38 0
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