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Question 4 You are required to answer the following questions by showing relevant workings. e. Kecewa Berhad is planning a RM50,000 expansion. The expansion is
Question 4 You are required to answer the following questions by showing relevant workings. e. Kecewa Berhad is planning a RM50,000 expansion. The expansion is to be financed by RM20.000 debt and RM30,000 common stock. The before-tax cost of debt is 9% and the cost of common stock is 14%. If the corporate tax is 40%. Determine the weighted Average Cost of Capital (WACC) for Kecewa Berhad. (4 Marks)
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