Hajduk Limited has finalised the planning of a project that requires an investment of $114 million. In considering its financing options, Hajduk Limited can access debt finance at an incremental borrowing rate of 6% per annum. Economic modelling indicates that shareholders expect a minimum return of 11%. The corporate tax rate is 30%. Calculate, to two decimal places, the weighted average cost of capital (WACC) if Hajduk Limited decides to finance 42% of this project using equity finance. Question 25 Considering the Conceptual Framework, which of the following statements is incorrect? O None all of these statements are correct. O All revenue is income. All revenue increases profit. All realised gains increase profit. All income increases equity. 1 pts