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10. x Taxes and WACC [LO3] Lannister Manufacturing has a target debt-equity ratio of 55. Its cost of equity is 11 percent, and its cost

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10. x Taxes and WACC [LO3] Lannister Manufacturing has a target debt-equity ratio of 55. Its cost of equity is 11 percent, and its cost of debt is 6 percent. If the tax rate is 21 percent, what is the company's WACC

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