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Mullineaux Corporation has a target capital structure of 46 percent common stock and 54 percent debt. Its cost of equity is 15.8 percent, and the
Mullineaux Corporation has a target capital structure of 46 percent common stock and 54 percent debt. Its cost of equity is 15.8 percent, and the aftertax cost of debt is 6.8 percent. What is the WACC given a tax rate of 21 percent? 12.17 percent 10.17 percent 11.38 percent 10.94 percent 9.89 percent
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