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PLEASE PROVIDE FULL CALCULATIONS AND EXPLANATION. Taxes and WACC Miller Manufacturing has a target debt-equity ratio of .55. Its cost of equity is 12.5 percent,

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PLEASE PROVIDE FULL CALCULATIONS AND EXPLANATION.

Taxes and WACC Miller Manufacturing has a target debt-equity ratio of .55. Its cost of equity is 12.5 percent, and its cost of debt is 7 percent. If the tax rate is 35 percent, what is the company's WACC? Debt-Equity Cost Equity Cost Debt Tax-Rate 0, 550 12, 50 % 7,00 % 35,00 % Equity share Debt-Share After-Tax cost of Debt WACC

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