Question: Problem 1 3 - 7 Finding the Capital Structure Fama s Llamas has a weighted average cost of capital of 9 . 7 percent. The

Problem 13-7 Finding the Capital Structure Famas Llamas has a weighted average cost of capital of 9.7 percent. The companys cost of equity is 13.3 percent, and its pretax cost of debt is 7.9 percent. The tax rate is 22 percent. What is the companys debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g.,32.1616.)

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