Question
Lannister Manufacturing has a target debtequity ratio of .30. Its cost of equity is 12 percent, and its cost of debt is 7 percent. If
Lannister Manufacturing has a target debtequity ratio of .30. Its cost of equity is 12 percent, and its cost of debt is 7 percent. If the tax rate is 34 percent, what is the companys WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC %
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Money And Capital Markets
Authors: Peter Rose, Milton Marquis
10th Edition
0077235800, 9780077235802
