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KOALA AM Manufacturing has a target debtequity ratio of 0.68. Its cost of equity is...

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Finance

KOALA AM Manufacturing has a target debtequity ratio of 0.68. Its cost of equity is 17%, and its cost of debt is 12%. If the tax rate is 34%, what is the company's WACC?

Multiple Choice (Select the correct answer)

A. 10.83%

B. 12.66%

C. 13.99%

D. 11.6%

E. 13.32%

Answer & Explanation Solved by verified expert
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