A

B

C

D

E

F

G

H

$1$

K

L

M

N

$1$

$2$ Branson Manufacturing has a target debt$-$equity ratio of $\mathrm{.}35.$ Its cost of equity is $11$ percent, and its pretax cost of debt is $6$ percent. If the tax rate is $21$ percent, what is the company's WACC?

$3$

Input Area:

$\backslash$table$[[$Debt$-$equity ratio,$0\mathrm{.}35],[$Cost of equity,$11\%$