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Sixx AM Manufacturing has a target debtequity ratio of 0.55. Its cost of equity is 16 percent, and its cost of debt is 10 percent.

Sixx AM Manufacturing has a target debtequity ratio of 0.55. Its cost of equity is 16 percent, and its cost of debt is 10 percent. If the tax rate is 31 percent, what is the company's WACC?

rev: 09_20_2012

Multiple Choice

10.13%
13.41%
12.13%
12.77%
10.99%

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