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