Tulloch manufacturing has a target debtequity ratio of 64


Tulloch Manufacturing has a target debt–equity ratio of .64. Its cost of equity is 14.6 percent, and its pretax cost of debt is 9.6 percent.

If the tax rate is 34 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.)

WACC             %

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Financial Management: Tulloch manufacturing has a target debtequity ratio of 64
Reference No:- TGS02831502

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