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Lannister Manufacturing has a target debt-equity ratio of 0.51. Its cost of equity is 18 percent, and its cost of debt is 10 percent. If

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Lannister Manufacturing has a target debt-equity ratio of 0.51. Its cost of equity is 18 percent, and its cost of debt is 10 percent. If the tax rate is 34 percent, what is the company's WACC? Multiple Choice 13.44% 12.19% 10.45% 14.15% 14.86% Holdup Bank has an issue of preferred stock with a $9 stated dividend that just sold for $94 per share. What is the bank's cost of preferred stock? Multiple Choice 10.05% 9.00% 9.57% 9.19% 9.96%

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