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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!