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WACC

Mullineaux Corporation has a target capital structure of 55% common stock and 45% debt. Its cost of equity is 16%, and the cost of debt is 9%. The relevant tax rate is 35%. What is Mullineaux's WACC?

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Calculating WACC Mullineaux Corporation has a target capital structure of 55% common stock and 45% dept. Its cost of equity is 16%, and the cost of dept is 9%. The relevant tax rate is 35%. What is ...

Solution Summary

The solution calculates WACC.

$2.19