Post Utme Madonna University 2019 Commerce Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2019 Commerce Objective / Multiple Choice
Question 22 POST_UTME_MADONNA_UNIVERSITY • 2019 • COMMERCE • objective

A company has a capital structure consisting of 60% debt and 40% equity. If the cost of debt is 8% and the cost of equity is 12%, what is the weighted average cost of capital (WACC)?

Answer Options

A. 6%
Correct Answer B. 7%
C. 8%
D. 9%
Correct Answer
B
Correct Option:
7%

About This Question

This is Post Utme Madonna University 2019 Commerce Question 22. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.

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