Post Utme Lautech 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Lautech Commerce examination.

Post Utme Lautech 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_LAUTECH • 2024 • 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

A. 6%
Correct Answer B. 8%
C. 10%
D. 12%
Correct Answer
B
Correct Option:
8%

About This Question

This is Post Utme Lautech 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.

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