Maverick Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 11%, and its

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Maverick Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 11%, and its cost of debt is 7%.

If the tax rate is 31%, what is Maverick's WACC? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations).

Posted Date: May 18, 2024 03:00 AM

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Maverick Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 11%, and its

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