Post Utme Ims U 2018 Commerce Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A company has a capital structure consisting of 70% equity and 30% 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

A. 8%
Correct Answer B. 9%
C. 10%
D. 11%
Correct Answer
B
Correct Option:
9%

About This Question

This is Post Utme Ims U 2018 Commerce Question 10. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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