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Sixx AM Manufacturing has a target debtequity ratio of 0.52. Its cost of equity is 18 percent, and its cost of debt is 9 percent.

Sixx AM Manufacturing has a target debtequity ratio of 0.52. Its cost of equity is 18 percent, and its cost of debt is 9 percent. If the tax rate is 31 percent, what is the company's WACC?

13.27%

11.87%

10.24%

13.97%

14.66%

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