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Cookie Dough Manufacturing has a target debt - equity ratio of . 6 . Its cost of equity is 1 5 percent, and its pretax

Cookie Dough Manufacturing has a target debt-equity ratio of .6. Its cost of equity is 15 percent, and its pretax cost of debt is 9 percent. What is the WACC given a tax rate of 21 percent?
12.04%
12.75%
11.76%
7.11%
15%
9%
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