(b)lf the tax rate is 35 percent, what is the after-tax cost of debt as an APR? (Do not round your intermediate calculations.) (Click to select)
v Sixx AM Manufacturing has a target debt-equity ratio of 0.67. Its cost of equity is 18 percent, and its cost of debt is 11 percent. If the tax rate is 33 percent, what is the company’s WACC?