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  • 20-12-2022
  • Business
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mountain groves has an unlevered cost of capital of 13.2 percent, a cost of debt of 8.3 percent, and a tax rate of 21 percent. what is the target debt-equity ratio if the targeted cost of equity is 14.5 percent? a) 0.54 b) 0.29 c) 0.34 d) 0.48 e) 0.33 group of answer choices

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