Question: Brannan Manufacturing has a target debt - equity ratio of 4 5 . Its cost of equity is 1 1 . 4 percent, and its

Brannan Manufacturing has a target debt-equity ratio of 45. Its cost of equity is 11.4 percent, and its cost of debt is 6.1 percent. If the tax rate is 25 percent, what is the company's WACC?

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