Post Utme Futo 2022 Commerce Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Futo Commerce examination.

Post Utme Futo 2022 Commerce Objective / Multiple Choice
Question 27 POST_UTME_FUTO • 2022 • 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

Correct Answer A. 7.2%
B. 8.4%
C. 9.6%
D. 10.8%
Correct Answer
A
Correct Option:
7.2%

About This Question

This is Post Utme Futo 2022 Commerce Question 27. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.

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