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Saved P14-10 Taxes and WACC [LO3] Sixx AM Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 20 percent, and its

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Saved P14-10 Taxes and WACC [LO3] Sixx AM Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 20 percent, and its cost of debt is 11 percent. If the tax rate is 32 percent, what is the company's WACC? Multiple Choice 12.86% 14.68% 12.03% 16.23% 15.45%

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