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Problem 1 2 - 9 Taxes and WACC [ LO 3 ] Branson Manufacturing has a target debt - equity ratio of 7 0 .
Problem Taxes and WACC LO
Branson Manufacturing has a target debtequity ratio of Its cost of equity is percent, and its pretax cost of debt is percent. If the tax rate is percent, what is the company's WACC?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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