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Business, 12.08.2019 23:30 carmencolon119

Phil's carvings wants to have a weighted average cost of capital of 9.5 percent. the firm has an aftertax cost of debt of 6.5 percent and a cost of equity of 12.75 percent. what debt-equity ratio is needed for the firm to achieve its targeted weighted average cost of capital?

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Phil's carvings wants to have a weighted average cost of capital of 9.5 percent. the firm has an aft...
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