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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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