What debt-equity ratio should be used
A firm has an expected return on equity of 16% and an after-tax cost of debt of 8%. What debt-equity ratio should be used in order to keep the WACC at 12%?
A) .50
B) .75
C) 1.00
D) 1.50
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Do not use the ID/AutoNumber field as the primary key. You will select a field from the input tables to be the primary key as described above
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