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Show Excel Formula Sixx AM Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 13 percent, and its cost of debt
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Sixx AM Manufacturing has a target debt-equity ratio of .45. Its cost of equity is 13 percent, and its cost of debt is 6 percent. If the tax rate is 35 percent, what is the company's WACC? Debt-equity ratio Cost of equity Cost of debt Tax rate 0.45 13% 6% 35% Complete the following analysis. Do not hard code values in your calculations. Weight of debt Weight of equity Aftertax cost of debt WACCStep by Step Solution
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