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Lannister Manufacturing has a target debt-equity ratio of 0.55 . Its cost of equity is 19 percent, and its cost of debt is 12 percent.

Lannister Manufacturing has a target debt-equity ratio of 0.55 . Its cost of equity is 19 percent, and its cost of debt is 12 percent. If the tax rate is 33 percent, what is the company's WACC? Multiple Choice 15.87% 12.97% 14.36% 15.11% 11.93%

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