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Sixx AM Manufacturing has a target debtequity ratio of 0.54. Its cost of equity is 21 percent, and its cost of debt is 8 percent.
| Sixx AM Manufacturing has a target debtequity ratio of 0.54. Its cost of equity is 21 percent, and its cost of debt is 8 percent. If the tax rate is 35 percent, what is the company's WACC?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
