Lannister Manufacturing has a target debt-equity ratio of 0.68. Its cost of equity is 21 percent, and its cost of debt is 12 percent. If the tax rate is 32 percent, what is the company's WACC?
MULTIPLE CHOICE:
A. 13.36%
B. 15.8%
C. 16.59%
D. 12.27%
E. 15.01%
MULTIPLE CHOICE:
A. 13.36%
B. 15.8%
C. 16.59%
D. 12.27%
E. 15.01%