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Miller Exploration has a target debt-equity ratio of 0.41. Its cost of equity is 18%, and its cost of debt is 10%. If the tax

Miller Exploration has a target debt-equity ratio of 0.41. Its cost of equity is 18%, and its cost of debt is 10%.

If the tax rate is 39%, what is Millers WACC? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)

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