Question: Chapter 13 - Review Problems (Graded) i Saved Help Save & Exit Submit Check my work Problem 13-6 Taxes and WACC 12.5 points Miller Manufacturing

Chapter 13 - Review Problems (Graded) i Saved Help Save &

Chapter 13 - Review Problems (Graded) i Saved Help Save & Exit Submit Check my work Problem 13-6 Taxes and WACC 12.5 points Miller Manufacturing has a target debt-equity ratio of 40. Its cost of equity is 12.7 percent and its cost of debt is 7.4 percent. If the tax rate is 22 percent, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) eBook WACC Hint n References

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