Tulloch manufacturing has a target debtequity ratio of 61
Tulloch Manufacturing has a target debt–equity ratio of .61. Its cost of equity is 13.9 percent, and its pretax cost of debt is 8.9 percent. If the tax rate is 40 percent, what is the company’s WACC?
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tulloch manufacturing has a target debtndashequity ratio of 61 its cost of equity is 139 percent and its pretax cost of
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