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Sixx AM Manufacturing has a target debt-equity ratio of 0.59. Its cost of equity is 14 percent, and its cost of debt is 8 percent.
Sixx AM Manufacturing has a target debt-equity ratio of 0.59. Its cost of equity is 14 percent, and its cost of debt is 8 percent. If the tax rate is 39 percent, what is the company's WACC?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
