Post Utme Bells University 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Bells University Commerce examination.

Post Utme Bells University 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BELLS_UNIVERSITY • 2020 • 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. 10%
C. 12%
D. 15%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Bells University 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Bells University Commerce examination.

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