Thaliavasques574 Thaliavasques574

19-02-2024
Business

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The outlet mall has a cost of equity of 13.7 percent, a pretax cost of debt of 7.3 percent, and a return on assets of 12.4 percent. Ignore taxes. What is the debt–equity ratio?
a. 0.44
b. 0.53
c. 0.59
d. 0.67

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