What is the company wacc for mullineaux corporation

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Reference no: EM132949835

Problem 1: Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 11.4 percent, and the cost of debt is 6.1 percent. The relevant tax rate is 24 percent. What is the company's WACC?

Reference no: EM132949835

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