Question
Lannister Manufacturing has a target debt-equity ratio of 0.59. Its cost of equity is 19 percent, and its cost of debt is 9 percent. If
Lannister Manufacturing has a target debt-equity ratio of 0.59. Its cost of equity is 19 percent, and its cost of debt is 9 percent. If the tax rate is 34 percent, what is the company's WACC?
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11.29%
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10.79%
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14.86%
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14.15%
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13.45%
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
