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Miller Manufacturing has a target debt equity ratio of 45 Its costs of equity is 13 percent and its cost of debt is 7 percent If the tax rate is 34 percent what is the companys WAAC Do not round

Miller Manufacturing has a target debt-equity ratio of .45, Its costs of equity is 13 percent, and its cost of debt is 7 percent. If the tax rate is 34 percent what is the company’s WAAC (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places).WAAC %

 

Apr 29 2020 View more View Less

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