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Brannan Manufacturing has a target debt-equity ratio of 85. Its cost of equity is 10 percent, and its cost of debt is 7 percent. If
Brannan Manufacturing has a target debt-equity ratio of 85. Its cost of equity is 10 percent, and its cost of debt is 7 percent. If the tax rate is 23 percent, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC %
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Broadcasting Finance In Transition
Authors: Jay G. Blumler, T. J. Nossiter
1st Edition
0195050894, 978-0195050899
