Post Utme Esut 2024 Commerce Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice
Question 38 POST_UTME_ESUT • 2024 • COMMERCE • objective

A company, XYZ Ltd., has a capital structure of ₦1 billion in equity and ₦2 billion in debt. If its cost of debt is 10% and its cost of equity is 15%, what is its weighted average cost of capital (WACC)?

Answer Options

A. 12%
Correct Answer B. 13%
C. 14%
D. 15%
Correct Answer
B
Correct Option:
13%

About This Question

This is Post Utme Esut 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

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