Post Utme Bowen University 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A company has a capital structure consisting of 60% debt and 40% equity. If the cost of debt is 8% and the cost of equity is 12%, what is the weighted average cost of capital (WACC)?

Answer Options

Correct Answer A. 7.68%
B. 8.32%
C. 9.12%
D. 10.24%
Correct Answer
A
Correct Option:
7.68%

About This Question

This is Post Utme Bowen University 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support