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Sixx AM Manufacturing has a target debt-equity ratio of 0.54. Its cost of equity is 18 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 18 percent, and its cost of debt is 9 percent. If the tax rate is 32 percent, what is the company's WACC? Multiple Choice 13.83% 10.29% 13.14% 14.53% 11.58%

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