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Mullineaux Corporation has a target capital structure of 80 percent common stock and 20 percent debt. Its cost of equity is 17 percent, and the

Mullineaux Corporation has a target capital structure of 80 percent common stock and 20 percent debt. Its cost of equity is 17 percent, and the cost of debt is 11 percent. The relevant tax rate is 35 percent. What is the companys WACC?

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