Question: ABC Manufacturing is considering a new project and needs to calculate its WACC. The firm's cost of equity is 12%, and the market value of

ABC Manufacturing is considering a new project and needs to calculate its WACC. The firm's cost of equity is 12%, and the market value of its equity is $1,200,000. The cost of debt is 7%, and the total debt in the market value terms is $800,000. The corporate tax rate is 30%. Calculate the WACC for ABC Manufacturing using the provided data

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