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Wild Ducks Unlimited wants to have a weighted average cost of capital of 85%. The firm has an after tax cost of debt of 46%

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Wild Ducks Unlimited wants to have a weighted average cost of capital of 85%. The firm has an after tax cost of debt of 46% and a cost of equity of 12%. What debt equity ratio is needed for the firm to achieve the targeted weighted average cost of capital? Multiple Choice 72 O 77 84 66 O 90

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