Lannister Manufacturing has a target debt-equity ratio of 0.6 . Its cost of equity is...

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Lannister Manufacturing has a target debt-equity ratio of 0.6 . Its cost of equity is 19 percent, and its cost of debt is 11 percent. If the tax rate is 32 percent, what is the company's WACC? Multiple Choice 11.8% 12.09% 15.41% 14.68% 13.95%

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