Question
Sixx AM Manufacturing has a target debtequity ratio of 0.66. Its cost of equity is 17 percent, and its cost of debt is 10 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 10 percent. If the tax rate is 34 percent, what is the company's WACC? Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16, not 0.3216.
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
