Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt....

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Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt....

Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt. Its cost of equity is 11.8 percent, and the cost of debt is 6.5 percent. The relevant tax rate is 23 percent.

What is the company’s WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt....

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Mullineaux Corporation has a target capital structure of 60 percent common stock and 40 percent debt....

Mullineaux Corporation has a target capital structure of 55 percent common stock, 10 percent preferred stock,...

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt....

Mullineaux Corporation has a target capital structure of 55 percent common stock and 45 percent debt....

Baron Corporation has a target capital structure of 65 percent common stock, 10 percent preferred stock,...

Baron Corporation has a target capital structure of 65 percent common stock, 10 percent preferred stock,...

Targaryen Corporation has a target capital structure of 65 percent common stock, 10 percent preferred stock,...

Mullineaux Corporation has a target capital structure of 60 percent common stock, 5 percent preferred stock,...

Baron Corporation has a target capital structure of 75 percent common stock, 10 percent preferred stock,...

Targaryen Corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. Its cost of equity is 11 percent, the cost of preferred stock is 5 per...

Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt....

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Mullineaux Corporation has a target capital structure of 65 percent common stock and 35 percent debt....