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Sixx AM Manufacturing has a target debt-equity ratio of 0.54. Its cost of equity is 16 percent, and its cost of debt is 9 percent.

Sixx AM Manufacturing has a target debt-equity ratio of 0.54. Its cost of equity is 16 percent, and its cost of debt is 9 percent. If the tax rate is 34 percent, what is the company's WACC? 12.47% 11.85% 9.47%. 10.57% 13.1%

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