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Lannister Manufacturing has a target debt-equity ratio of .55. Its cost of equity is 10 percent, and its cost of debt is 6 percent. If
Lannister Manufacturing has a target debt-equity ratio of .55. Its cost of equity is 10 percent, and its cost of debt is 6 percent. If the tax rate is 24 percent, what is the companys WACC?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
