If the WACC of a company is 8.9 per cent and cost of Equity is 12 and cost of Debt is 7.9 per cent and it's tax rate is 35 per cent then what is the company's debt to equity ratio. Please provide detailed workings
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debt equity ratio = 0.8234 = 82.34%
As nothing was mentioned, answer is provided in decimals and also % form
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