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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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