Albatross plc has the following information about its capital. LO1 Source of Finance Current Present Cost Market
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Albatross plc has the following information about its capital. LO1 Source of Finance Current Present Cost Market Value of Capital million %
Ordinary shares 4 12 Preference shares 1 10 Long-term loan 3 8 Required:
What is Albatross’s weighted average cost of capital?
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