The capital structure of a company included 75% common stocks and 25% bonds. The cost of common stocks is 15% while the cost of debt before tax is 10% Calculate the weighted average cost of capital, given that the tax rate on the company is 35% a-12.9%

b. 10.6%)

Oc 11.3%

Od 9.45% 2-By definition, currency appreciation occurs when answered :A-The value of orie currency falls relative to another currency b. The value of one currency rises relative to another currency .c. The value of all currencies fall relative to gold d. The value of all currencies rise relative to gold