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show your work The Apollo Corporation is considering financial leverage and trying to determine the ideal amount to target. Debt to total assets Weighted Cost
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The Apollo Corporation is considering financial leverage and trying to determine the ideal amount to target. Debt to total assets Weighted Cost of debtrd Cost of Stock average cost Debt of capital 10.50% 9.30% 9.70% 10.54% SO S2,500 S5,000 $8,000 0% 25% 50% 80% 4.5% 6.0% 9.4% 10.5% 10.9% 13.4% 15.1% $24.19 $25.50 $22.54 $21.39 Given this information, Apollo's optimal amount of debt is closest to B. S2,500 C. S5,000 D. $8,000Step by Step Solution
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