Multiple Choice
The Outlet Mall has a cost of equity of 16.3 percent, a pretax cost of debt of 7.9 percent, and a return on assets of 13.4 percent.Ignore taxes.What is the debt-equity ratio?
A) .46
B) .53
C) .44
D) .59
E) .57
Correct Answer:
Verified
Correct Answer:
Verified
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