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Sixx AM Manufacturing has a target debt-equity ratio of 0.58. Its cost of equity is 15 percent, and its cost of debt is 12 percent.

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Sixx AM Manufacturing has a target debt-equity ratio of 0.58. Its cost of equity is 15 percent, and its cost of debt is 12 percent. If the tax rate is 34 percent, what is the company's WACC? Multiple Choice 0 10.89% 13.02% 0 11.78% 0 10.52% 12.4%

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