Post Utme Futa 2017 Commerce Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Futa Commerce examination.

Post Utme Futa 2017 Commerce Objective / Multiple Choice
Question 2 POST_UTME_FUTA • 2017 • COMMERCE • objective

A company has a capital structure consisting of 60% equity and 40% debt. If the cost of equity is 12% and the cost of debt is 6%, what is the weighted average cost of capital (WACC)?

Answer Options

A. 8.4%
Correct Answer B. 9.2%
C. 10.8%
D. 12.0%
Correct Answer
B
Correct Option:
9.2%

About This Question

This is Post Utme Futa 2017 Commerce Question 2. It is one of the objective questions from the 2017 Post Utme Futa Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support