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Sixx AM Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 14 percent, and its cost of debt is 6 percent.

Sixx AM Manufacturing has a target debt-equity ratio of 0.53. Its cost of equity is 14 percent, and its cost of debt is 6 percent. If the tax rate is 45 percent, what is the company's WACC?

The answer I got is 10.29%, please confirm, thank you!

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