The tax rate is 33 percent what is the companys target


Fama's Llamas has a weighted average cost of capital of 12.5 percent. The company's cost of equity is 16 percent, and its pretax cost of debt is 7 percent. The tax rate is 33 percent. What is the company's target debt-equity ratio? (Do not round your intermediate calculations.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The tax rate is 33 percent what is the companys target
Reference No:- TGS02354087

Expected delivery within 24 Hours