Post Utme Elizade University 2022 Commerce Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2022 Commerce Objective / Multiple Choice
Question 12 POST_UTME_ELIZADE_UNIVERSITY • 2022 • 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 8%, what is the company's weighted average cost of capital (WACC)?

Answer Options

Correct Answer A. 9.6%
B. 10.4%
C. 11.2%
D. 12.0%
Correct Answer
A
Correct Option:
9.6%

About This Question

This is Post Utme Elizade University 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Elizade University Commerce examination.

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