A firm has an expected return on equity of 15% and an after-tax cost of debt of 10%.What debt-equity ratio should be used in order to keep the WACC at 11%?
A)1.00
B)2.00
C)3.00
D)4.00

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The Answer of A firm has an expected return on equity of 15% and an after-tax cost of debt of 10%.What debt-equity ratio should be used in order to keep the WACC at 11%?
A)1.00
B)2.00
C)3.00
D)4.00

A Firm Has an Expected Return on Equity of 15