Question: Question 20 2 pts Challenge question: XYZ Inc. has WACC = 11.50%. The company's cost of equity financing is 15% and its pretax cost of

Question 20 2 pts Challenge question: XYZ Inc. has WACC = 11.50%. The company's cost of equity financing is 15% and its pretax cost of debt financing is 8%. The tax rate is 35% and there is no preferred stock. What must be XYZ's desired, target debt/equity (D/E) ratio given this data? O 1.34 O 0.89 O 0.56 1.87 O 0.27

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