The tax rate is 40 percent what is box and canisters


1) Box and Canister's WACC is 12.96 percent. The required return on the firm's common equity is 13.5 percent, and they have annual bonds outstanding with a coupon rate of 8 percent and a yield to maturity of 7 percent. The tax rate is 40 percent. What is Box and Canister's debt-to-equity ratio (D/E)?

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