1. Calculating WACC Mullineaux Corporation has a target capital structure of 55 per cent equity and 45...
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1. Calculating WACC Mullineaux Corporation has a target capital structure of 55 per cent equity and 45 per cent debt. Its cost of equity is 16 per cent, and the cost of debt is 9 per cent. The relevant tax rate is 35 per cent. What is Mullineaux’s WACC?
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