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Maverick Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 15%, and its cost of debt is 5%. If the tax

Maverick Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 15%, and its cost of debt is 5%. If the tax rate is 33%, what is Maverick's WACC? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations). Topic: WACC

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