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Lannister Manufacturing has a target debt-equity ratio of 0.62. Its cost of equity is 19 percent, and its cost of debt is 8 percent. If
Lannister Manufacturing has a target debt-equity ratio of 0.62. Its cost of equity is 19 percent, and its cost of debt is 8 percent. If the tax rate is 35 percent, what is the company's WACC? Multiple Choice 10.44% 13.72% 13.03% 14.4%
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