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Sixx AM Manufacturing has a target debt-equity ratio of 1.1. Its cost of equity is 0.13 , and its pretax cost of debt is 0.05

Sixx AM Manufacturing has a target debt-equity ratio of 1.1. Its cost of equity is 0.13 , and its pretax cost of debt is 0.05 . If the tax rate is 0.31 , what is the company's WACC? Enter the answer with 4 decimals (e.g. 0.0123)

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