6 Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.68. Its cost of...

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6 Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.68. Its cost of equity is 16.0 percent, and its cost of debt is 7.0 percent. Required: If the tax rate is 35 percent, what is the company's WACC? 10 points 5.76% 11.37% 02-12-01 4.59% 8.53% eBook 13.12% 6 Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.68. Its cost of equity is 16.0 percent, and its cost of debt is 7.0 percent. Required: If the tax rate is 35 percent, what is the company's WACC? 10 points 5.76% 11.37% 02-12-01 4.59% 8.53% eBook 13.12%