Deloitte. AS 23 | Final Assessment Question Q4 4.5 percent Select the one correct option and then click Submit. 4 percent 4.75 percent 5 percent Howzit Ltd is constructing numerous qualifying assets. Construction on a particular qualifying asset started on 1 May 2018. Its year-end is 31 December. Howzit has made the following general borrowings: A general loan of $50,000 on 1 January 2018 at 4 percent per annum Debentures of $200,000 issued on 1 April 2018 at 5 percent per annum What is the weighted average capitalization rate used for capitalization of borrowing costs? (Ignore the effect of compounding in calculating interest for simplicity) . Submit Glossary