Question
Lannister Manufacturing has a target debtequity ratio of .45. Its cost of equity is 14 percent, and its cost of debt is 5 percent. If
Lannister Manufacturing has a target debtequity ratio of .45. Its cost of equity is 14 percent, and its cost of debt is 5 percent. If the tax rate is 40 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.)
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
