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Lannister Manufacturing has a target debt-equity ratio of 0.63. Its cost of equity is 18 percent, and Its cost of debt is 11 percent. If
Lannister Manufacturing has a target debt-equity ratio of 0.63. Its cost of equity is 18 percent, and Its cost of debt is 11 percent. If the tax rate is 34 percent, what is the company's WACC? Multiple Choice 11.41% 11.23% 14.54% 13.16% 13. 85%
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