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Lannister Manufacturing has a target debt-equity ratio of 0.58. Its cost of equity is 20 percent, and its cost of debt is 9 percent. If

Lannister Manufacturing has a target debt-equity ratio of 0.58. Its cost of equity is 20 percent, and its cost of debt is 9 percent. If the tax rate is 31 percent, what is the company's WACC? Multiple Choice 14.19% 12% 14.94%

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