Question: QUESTION 3 If a firm has a weighted average cost of capital (WACC) of 9.529%, a required return on debt of 3.253% and a required

QUESTION 3 If a firm has a weighted average cost of

QUESTION 3 If a firm has a weighted average cost of capital (WACC) of 9.529%, a required return on debt of 3.253% and a required return on equity of 10.338%, what proportion of the firm's capital structure is equity if the firm pays 32% in taxes? Assume no preferred stock. Enter your answer as a decimal, e.g. 0.3456 for 34.56%, not 34.56

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