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Sixx AM Manufacturing has a target debt-equity ratio of 0.55. Its cost of equity is 13 percent, and its cost of debt is 8 percent.

Sixx AM Manufacturing has a target debt-equity ratio of 0.55. Its cost of equity is 13 percent, and its cost of debt is 8 percent. If the tax rate is 40 percent, what is the company's WACC?

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