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Your boss, whose background is in financial planning, is concerned about the company's high weighted average cost of capital ( WACC ) of 2 6

Your boss, whose background is in financial planning, is concerned about the company's high weighted average cost of capital
(WACC) of 26%. He has asked you to determine what combination of debt-equity financing would lower the company's WACC to 17%.
The debt-equity mix should be what % debt and what% equity financing.
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