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Tulloch Manufacturing has a target debt-equity ratio of 62 which indicates that they have $.62 of debt for each $1.00 of equity. Its cost of

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Tulloch Manufacturing has a target debt-equity ratio of 62 which indicates that they have $.62 of debt for each $1.00 of equity. Its cost of equity is 14.3 percent, and its pretax cost of debt is 9.3 percent. If the tax rate is 38 percent, compute the following: The weight (percent) of debt is: The weight (percent) of equity is: The aftertax cost of debt is: The WACC is

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