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Question 8.3 CCC = [Wd x cost of debt x (1 T)] + (We x Cost of equity) CCC = [0.35 x 0.075 x (1-0)]

Question 8.3

CCC = [Wd x cost of debt x (1 T)] + (We x Cost of equity)

CCC = [0.35 x 0.075 x (1-0)] + (0.65 x 0.13)

0.02625 + 0.0845 = 0.347

0.347 x 100 = 34.7%

CCC = 34.7%

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