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Lannister Manufacturing has a target debt - equity ratio of 0 . 5 5 its cost of equity is 1 7 percent, and its cost

Lannister Manufacturing has a target debt-equity ratio of 0.55 its cost of equity is 17 percent, and its cost of debt is 9 percent. If the tax rate is 35 percent, what is the company's WACC?
Multiple Choice
1239%
(3.04%
9.81%
13.7%
10.8796
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