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Design Interiors has a cost of equity of 18.6% and a pretax cost of debt of 8%. The firm's target weighted average cost of capital

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Design Interiors has a cost of equity of 18.6% and a pretax cost of debt of 8%. The firm's target weighted average cost of capital is 12% and its tax rate is 35%. What is the firm's target debt-equity ratio? OA) 0.98 OB) 0.92 OC) 0.97 OD) 0.85 E) 0.89

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