Post Utme Lautech 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Lautech Commerce examination.

Post Utme Lautech 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_LAUTECH • 2021 • 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 the cost of equity is 12%, what is the company's weighted average cost of capital (WACC)?

Answer Options

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

About This Question

This is Post Utme Lautech 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Lautech Commerce examination.

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