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Sixx AM Manufacturing has a target debtequity ratio of 0.66. Its cost of equity is 17 percent, and its cost of debt is 9 percent.

Sixx AM Manufacturing has a target debtequity ratio of 0.66. Its cost of equity is 17 percent, and its cost of debt is 9 percent. If the tax rate is 34 percent, what is the company's WACC?

Multiple Choice

9.7%

10.34%

12.6%

11.97%

13.23%

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