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Tulloch Manutacturing has a target debt to asset ratio of 45%, its cost of equity is 10.3%, and its pre-tax cost of debt is 6.4%.
Tulloch Manutacturing has a target debt to asset ratio of 45%, its cost of equity is 10.3%, and its pre-tax cost of debt is 6.4%. If the tax rate is 35%, what is the company's WACC? 7.54%8.63%10.21%
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