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Branson Manufacturing has $400.000 of debt and $600,000 of equity. Its cost of equity is 11 percent, and its pretax cost of debt is 6%
Branson Manufacturing has $400.000 of debt and $600,000 of equity. Its cost of equity is 11 percent, and its pretax cost of debt is 6% if the tax rate is 21% what is the companies WACC?
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