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Thompson & Thomson has an unlevered cost of capital of 13%, a cost of debt of 8%, and a tax rate of 40%. What is

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Thompson \& Thomson has an unlevered cost of capital of 13%, a cost of debt of 8%, and a tax rate of 40%. What is the target debt-equity ratio if the targeted cost of equity is 14.05% ? 1.21 0.35 0.38 0.21 0.83

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