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Fifth FM Manufacturing has a target debtequity ratio of 1.9. Its cost of equity is 0.09, and its pretax cost of debt is 0.04. If

Fifth FM Manufacturing has a target debtequity ratio of 1.9. Its cost of equity is 0.09, and its pretax cost of debt is 0.04. If the tax rate is 0.31, what is the company's WACC? Enter the answer with 4 decimals (e.g. 0.0123)

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