Post Utme Nile University 2018 Commerce Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Nile University Commerce examination.

Post Utme Nile University 2018 Commerce Objective / Multiple Choice
Question 12 POST_UTME_NILE_UNIVERSITY • 2018 • 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 Nile University 2018 Commerce Question 12. It is one of the objective questions from the 2018 Post Utme Nile University Commerce examination.

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