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Sixx AM Manufacturing has a target debt-equity ratio of 0.64. Its cost of equity is 21 percent, and its cost of debt Is 9 percent.
Sixx AM Manufacturing has a target debt-equity ratio of 0.64. Its cost of equity is 21 percent, and its cost of debt Is 9 percent. If the tax rate Is 34 percent, what is the company's WACC? ?
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To calculate the Weighted Average Cost of Capital WACC we need to first find the weights of equity a...
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
9th edition
978-0077459451, 77459458, 978-1259027628, 1259027627, 978-0073382395
