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Sioc AM Manufacturing has a target debt-equity ratio of 0.6. Its cost of equity is 0.09, and its pretax cost of debt is 0.06. If

Sioc AM Manufacturing has a target debt-equity ratio of 0.6. Its cost of equity is 0.09, and its pretax cost of debt is 0.06. If the tax rate is 0.23, what is the company's WACC? Enter the answer with 4 decimals (e.g. 0.0123)

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