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Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.65. Its cost of equity is 14.0 percent, and its cost of debt is

Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.65. Its cost of equity is 14.0 percent, and its cost of debt is 9.0 percent. Required: If the tax rate is 35 percent, what is the companys WACC?

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