Fames llamas has a weighted average cost of capital of 10 4, Ask an Expert

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Fame's Llamas has a weighted average cost of capital of 10 4 percent The company's cost of equity is 13 percent, and its cost of debt is 8 4 percent The tax rate is 40 percent What is the company debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g.. 32.1616.)

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