Question - Calculating Weight average cost of capital

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Question - Calculating Weight average cost of capital

Mullineaux corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 15 percent, and the cost of debt is 8 percent. The relevant tax rate is 35 percent. What is Mullinaeux's WACC?

Reference no: EM132550998

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