Post Utme Redeemers University 2022 Commerce Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2022 Commerce Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • 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

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

About This Question

This is Post Utme Redeemers University 2022 Commerce Question 22. It is one of the objective questions from the 2022 Post Utme Redeemers University Commerce examination.

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