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Q 7 . Mullineaux Corporution has a target capital structure of 7 5 % stock and 2 5 % debt. Its cost of equity is

Q7. Mullineaux Corporution has a target capital structure of 75% stock and 25% debt. Its cost of equity is 20%, and its after-tax cost of debt is 9%. What is the company's wACC if its tax rate is 21%?
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