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Lannister Manufacturing has a target debt-equity ratio of 0.66 . Its cost of equity is 21 percent, and its cost of debt is 11 percent.

Lannister Manufacturing has a target debt-equity ratio of 0.66 . Its cost of equity is 21 percent, and its cost of debt is 11 percent. If the tax rate is 32 percent, what is the company's WACC? Multiple Choice 16.41% 15.62% 14.84% 12.08% 12.86%

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