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Homework-Chapter 13 6 5 Miller Manufacturing has a target debt-equity ratio of 35. Its cost of equity is 11.2 percent and its cost of debt

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Homework-Chapter 13 6 5 Miller Manufacturing has a target debt-equity ratio of 35. Its cost of equity is 11.2 percent and its cost of debt is 5.9 percent. If the tax rate is 22 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.) 10 ACC Print 5 of 8

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