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Lannister Manufacturing has a target debt-equity ratio of 0.63. Its cost of equity is 20 percent, and its cost of debt is 8 percent. If

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Lannister Manufacturing has a target debt-equity ratio of 0.63. Its cost of equity is 20 percent, and its cost of debt is 8 percent. If the tax rate is 32 percent, what is the company's WACC? Multiple Choice 13.65% 15.09% 10.83% 11.07% 14.37% Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate is 31 percent, what is the aftertax cost of Ying's debt? Bond Coupon Rate Price Quote Maturity Face Value 1 5.9% $ 18,000,000 101 6 years WN 6.9 6.4 7.1 106 97 111 10 years 20 years 32 years 39,000,000 43,000,000 60,000,000 Multiple Choice 4.16% 6.28% O 4.55% O 4.11% 4.33%

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