Tulloch manufacturing has a target debtndashequity ratio of, Ask an Expert

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Tulloch Manufacturing has a target debt–equity ratio of .63. Its cost of equity is 13.7 percent, and its pretax cost of debt is 8.7 percent.

If the tax rate is 30 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 %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424888

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