Question: Sixx AM Manufacturing has a target debtequity ratio of 0.59. Its cost of equity is 19 percent, and its cost of debt is 9 percent.
Sixx AM Manufacturing has a target debtequity ratio of 0.59. Its cost of equity is 19 percent, and its cost of debt is 9 percent. If the tax rate is 32 percent, what is the company's WACC?
rev: 09_20_2012
- 14.22%
- 10.9%
- 13.51%
- 11.4%
- 14.93
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