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Please help, I cannot figure this one out. Lannister Manufacturing has a target debt-equity ratio of .65. Its cost of equity is 13 percent, and
Please help, I cannot figure this one out.
Lannister Manufacturing has a target debt-equity ratio of .65. Its cost of equity is 13 percent, and its cost of debt is 6 percent. If the tax rate is 25 percent, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) WACCStep by Step Solution
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