Post Utme Abu 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Abu Commerce examination.

Post Utme Abu 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ABU • 2018 • COMMERCE • objective

A company uses the following data to calculate its weighted average cost of capital (WACC): Debt: 40%, Equity: 60%, Cost of debt: 10%, Cost of equity: 15%. What is the WACC?

Answer Options

A. 8%
Correct Answer B. 10%
C. 12%
D. 14%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Abu 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Abu Commerce examination.

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