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Maverick Manufacturing has a target debt-equity ratio of 0.64. Its cost of equity is 13 %, and its cost of debt is 7 %. If

Maverick Manufacturing has a target debt-equity ratio of 0.64. Its cost of equity is 13 %, and its cost of debt is 7 %.

If the tax rate is 36 %, what is Maverick's WACC?(Report answer in percentage terms and round to 0 decimal places. Do not round intermediate calculations).

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