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QUESTION
Taxes and WACC: Sixx AM Manufacturing has a target debt - equity ratio of . Its cost of equity is 15 percent, and its cost of debt is 9 percent.
Taxes and WACC: 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 taxrate is 35 percent, what is the company's WACC?
