Question
Sixx AM Manufacturing has a target debtequity ratio of 0.63. Its cost of equity is 18 percent, and its cost of debt is 8 percent.
Sixx AM Manufacturing has a target debtequity ratio of 0.63. Its cost of equity is 18 percent, and its cost of debt is 8 percent. If the tax rate is 31 percent, what is the company's WACC?
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
