Sixx AM Manufacturing has a target debtequity ratio of .65. Its cost of equity is 15 percent,

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Sixx AM Manufacturing has a target debt−equity ratio of .65. Its cost of equity is 15 percent, and its cost of debt is 9 percent. If the tax rate is 35 percent, what is the company's WACC?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 20, 2023 02:23 AM

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Sixx AM Manufacturing has a target debtequity ratio of .65. Its cost of equity is 15 percent,

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Fundamentals of corporate finance

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