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Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 11.5 per cent, and

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 11.5 per cent, and the cost of debt is 5.9 percent. The relevant tax rate is 35 percent. What is the companys WACC? Please show your work

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