Fama's Llamas has a weighted average cost of capital of 9.5 percent. The company's cost of equity is 11 percent, and its cost of debt is 7.5 percent. The tax rate is 40 percent. What is Fama's debt-equity ratio? (Do not round intermediate calculations and round your final answer to 4 decimal places. (e.g., 32.1616))
CAN YOU PLEASE SOLVE THIS WITH THE WACC FORMULA BUT USING EXCEL?