Fama's Llamas has a weighted average cost of capital of 8 percent. The company's cost of equity
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Question:
Fama's Llamas has a weighted average cost of capital of percent. The company's cost of equity is percent, and its pretax cost of debt is percent. The tax rate is percent. What is the company's target debtequity ratio?
Do not round intermediate calculations and round your final answer to decimal places. For example, should be entered as
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