Question
Sixx AM Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 15 percent, and its cost of debt is 7 percent.
Sixx AM Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 15 percent, and its cost of debt is 7 percent. If the tax rate is 40 percent, what is the company's WACC?
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
