Question
A company has the following capital structure: Bonds $550,000 Common Stock $850,000 Retained Earnings $900,000 Specific costs of capital Bonds 6.3% Common Stock 14.8% Retained
A company has the following capital structure:
Bonds $550,000
Common Stock $850,000
Retained Earnings $900,000
Specific costs of capital
Bonds 6.3%
Common Stock 14.8%
Retained Earnings 13.7%
What is the WACC?
| 11.7% | ||
| 12.4% | ||
| 13.1% | ||
| 14.3% |
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Risk Management And Financial Institutions
Authors: John Hull
1st Edition
0132397900, 9780132397902
