Caddie Manufacturing has a target debt-equity ratio of .75. Its cost of equity is percent, and...
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Caddie Manufacturing has a target debt-equity ratio of .75. Its cost of equity is percent, and its pretax cost of debt is 6 percent. If the tax rate is 22 percent, what is 1 company's WACC? (Do not round intermediate calculations and enter your answer a percent rounded to 2 decimal places, e.g., 32.16.) Caddie Manufacturing has a target debt-equity ratio of .75. Its cost of equity is percent, and its pretax cost of debt is 6 percent. If the tax rate is 22 percent, what is 1 company's WACC? (Do not round intermediate calculations and enter your answer a percent rounded to 2 decimal places, e.g., 32.16.)
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