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Sixx AM Manufacturing has a target debtequity ratio of 0.68. Its cost of equity is 16 percent, and its cost of debt is 9 percent.

Sixx AM Manufacturing has a target debtequity ratio of 0.68. Its cost of equity is 16 percent, and its cost of debt is 9 percent. If the tax rate is 34 percent, what is the company's WACC?

Which is the correct:

10.01%

11.33%

11.93%

12.52%

9.16%

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