Question
Sixx AM Manufacturing has a target debtequity ratio of 2.6. Its cost of equity is 0.11, and its pretax cost of debt is 0.08. If
Sixx AM Manufacturing has a target debtequity ratio of 2.6. Its cost of equity is 0.11, and its pretax cost of debt is 0.08. If the tax rate is 0.25, what is the company's WACC? Enter the answer with 4 decimals
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
