Post Utme Wellspring University 2018 Commerce Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice
Question 32 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • COMMERCE • objective

A company has a capital structure consisting of 60% equity and 40% debt. If the cost of equity is 12% and the cost of debt is 6%, what is the weighted average cost of capital (WACC)?

Answer Options

Correct Answer A. 8%
B. 9%
C. 10%
D. 11%
Correct Answer
A
Correct Option:
8%

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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