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D Ltd uses 40:60 debt-equity ratio. Cost of equity capital of D Ltd is 12.50 per cent and yield to maturity of its debt capital
D Ltd uses 40:60 debt-equity ratio. Cost of equity capital of D Ltd is 12.50 per cent and yield to maturity of its debt capital is 11.50 per cent. Find the WACC for D Ltd if the tax rate is 30 per cent.
Group of answer choices
10.72 per cent
11.90 per cent
12.10 per cent
9.83 per cent
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