Post Utme Elizade University 2019 Commerce Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice
Question 2 POST_UTME_ELIZADE_UNIVERSITY • 2019 • 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 weighted average cost of capital (WACC)?

Answer Options

Correct Answer A. 8.4%
B. 9.6%
C. 10.8%
D. 11.2%
Correct Answer
A
Correct Option:
8.4%

About This Question

This is Post Utme Elizade University 2019 Commerce Question 2. It is one of the objective questions from the 2019 Post Utme Elizade University Commerce examination.

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