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Miller Manufacturing has a target debtequity ratio of .60. Its cost of equity is 14 percent, and its cost of debt is 8 percent. If

Miller Manufacturing has a target debtequity ratio of .60. Its cost of equity is 14 percent, and its cost of debt is 8 percent. If the tax rate is 38 percent, what is the companys WACC?

WACC %

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