IAS 23 | Final Assessment Question Question 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 borrowinarentme the effect of compounding in calculating interest for simplicity) Select the one correct option and then click Submit. 4 percent 4.5 percent 4.75 percent 5 percent