Sixx am manufacturing has a target debt-equity ratio of 046, Ask an Expert

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Sixx AM Manufacturing has a target debt-equity ratio of 0.46. Its cost of equity is 14 percent, and its cost of debt is 7 percent. If the tax rate is 36 percent, what is the company's WACC? (Do not round intermediate calculations. Enter your answer as a percentage; omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

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Financial Management, Finance

Category:- Financial Management
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