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Lannister Mfg. has a target D/E ratio of 0.35. Its cost of equity is 12% and its pre-tax cost of debt is 6%. What is

Lannister Mfg. has a target D/E ratio of 0.35. Its cost of equity is 12% and its pre-tax cost of debt is 6%. What is the companys WACC if the tax rate is 40%?

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