The companys cost of equity is 11 percent and its cost of


Fama’s Llamas has a WACC of 8.65 percent. The company’s cost of equity is 11 percent, and its cost of debt is 6 percent. The tax rate is 35 percent. What is Fama’s target debt- equity ratio? SHOW WORK WITH FORMULA PLEASE

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Financial Management: The companys cost of equity is 11 percent and its cost of
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