Post Utme Coal City University 2018 Commerce Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2018 Commerce Objective / Multiple Choice
Question 27 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • COMMERCE • objective

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

Answer Options

A. 6%
Correct Answer B. 7%
C. 8%
D. 9%
Correct Answer
B
Correct Option:
7%

About This Question

This is Post Utme Coal City University 2018 Commerce Question 27. It is one of the objective questions from the 2018 Post Utme Coal City University Commerce examination.

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