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Problem 13-5 Calculating WACC Mullineaux Corporation has a target capital structure of 75 percent common stock and 25 percent debt. Its cost of equity is

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Problem 13-5 Calculating WACC Mullineaux Corporation has a target capital structure of 75 percent common stock and 25 percent debt. Its cost of equity is 12.7 percent, and the cost of debt is 77 percent. The relevant 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.) WACC % Problem 13-6 Taxes and WACC Miller Manufacturing has a target debt-equity ratio of 40. Its cost of equity is 12.1 percent and its cost of debt is 6.7 percent. If the tax rate is 25 percent, what is the company's WACC? (Do not round interdit calculations and enter your answer os a percent rounded to 2 decimal places, 169 WACC %

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