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Taxes and WACC: Miller Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 17%, and its cost of debt is 10%. If the tax rate

Taxes and WACC:
Miller Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 17%, and its cost of debt is 10%. If the tax rate is 35%, what is Miller's WACC?

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Finance-8369499.xls

Taxes and WACC:
Miller Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 17%, and its cost of debt is 10%. If the tax rate is 35%, what is Miller's WACC?
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