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Miller Manufacturing has target debt-equity ratio of .50. Its cost of equity is 15%, and its...

Miller Manufacturing has target debt-equity ratio of .50. Its cost of equity is 15%, and its cost of debt is 6%. If the tax rate is 34%, what is the companys WACC?

I want to make sure that i am doing this correctly. I got 11.32%, is this correct? If not, can you explain step by step on how to do it?

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