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I have changed the numbers so that I can calculate on my own. Calculate Corsair's target debt-equity ratio using the following information. WACC 7.

I need help with the following question. I have changed the numbers so that I can calculate on my own.

Calculate Corsair's target debt-equity ratio using the following information.

  • WACC 7.76 percent
  • Cost of equity 9.5 percent
  • Cost of debt (pretax) 6.4 percent
  • Tax rate 35 percent
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