Post Utme Al Hikmah University 2022 Commerce Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2022 Commerce Objective / Multiple Choice
Question 2 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • COMMERCE • objective

A company has a capital structure consisting of 60% equity and 40% debt. If the company's cost of equity is 12% and the cost of debt is 6%, what is the company's weighted average cost of capital (WACC)?

Answer Options

A. 8%
Correct Answer B. 9%
C. 10%
D. 11%
Correct Answer
B
Correct Option:
9%

About This Question

This is Post Utme Al Hikmah University 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Commerce examination.

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