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Branson manufacturing has a target debt - equity ratio of . 4 5 . Its cost of equity is 1 1 percent, and its pretax

Branson manufacturing has a target debt

-

equity ratio of

. 45 .

Its cost of equity is

11

percent, and its pretax cost of debt is

6

percent. If the tax rate is

25

percent, what is the companys WACC?

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