Miller manufacturing lies a target debt-equity ratio of 55, Ask an Expert

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Miller Manufacturing lies a target debt-equity ratio of 55 Its cost of equity is 14 percent, and its cast of debt is 9 percent If the tax rate is 40 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92320389

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