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Sixx AM Manufacturing has a target debtequity ratio of 0.67. Its cost of equity is 21 percent, and its cost of debt is 9 percent.

Sixx AM Manufacturing has a target debtequity ratio of 0.67. Its cost of equity is 21 percent, and its cost of debt is 9 percent. If the tax rate is 35 percent, what is the company's WACC?

rev: 09_20_2012

Multiple Choice

  • 11.93%

  • 14.92%

  • 14.18%

  • 15.67%

  • 10.85%

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