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Lannister Manufacturing has a target debtequity ratio of .50. Its cost of equity is 14 percent, andits cost of debt is 8 percent. If the
Lannister Manufacturing has a target debtequity ratio of .50. Its cost of equity is 14 percent, andits cost of debt is 8 percent. If the tax rate is 38 percent, what is the companys WACC?
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
