Business, 27.06.2020 02:01 sammuelanderson1539

Lannister Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 11 percent, and its cost of debt is 6 percent. If the tax rate is 25 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.)

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Lannister Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 11 percent, and...