Post Utme Coal City University 2017 Commerce Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2017 Commerce Objective / Multiple Choice
Question 34 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A company uses the following data to calculate its weighted average cost of capital (WACC): Debt: ₦100,000,000, Interest rate: 10%, Equity: ₦50,000,000, Cost of equity: 15%. What is the WACC?

Answer Options

A. 10%
Correct Answer B. 12%
C. 14%
D. 16%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Coal City University 2017 Commerce Question 34. It is one of the objective questions from the 2017 Post Utme Coal City University Commerce examination.

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