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Tulloch Manufacturing has a target debt-equity ratio of.65. Its cost of equity is 13.5 percent, and its pretax cost of debt is 8.5 percent If

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Tulloch Manufacturing has a target debt-equity ratio of.65. Its cost of equity is 13.5 percent, and its pretax cost of debt is 8.5 percent If the tax rate is 35 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 Hints References eBook & Resources Hint#1

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