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6 Lannister Manufacturing has a target debt-equity ratio of 0.56. Its cost of equity is 20 percent, and its cost of debt is 10 percent.

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6 Lannister Manufacturing has a target debt-equity ratio of 0.56. Its cost of equity is 20 percent, and its cost of debt is 10 percent. If the tax rate is 31 percent, what is the company's WACC? 10 points eBook Print Multiple Choice References 12.66% IR 16.06% 11.6%

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