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Lannister Manufacturing has a target debt-equity ratio of 0.55. Its cost of equity is 15 percent, and its cost of debt is 10 percent. If

Lannister Manufacturing has a target debt-equity ratio of 0.55. Its cost of equity is 15 percent, and its cost of debt is 10 percent. If the tax rate is 31 percent, what is the company's WACC?

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