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THE FOLLOWING INFORMATION RELATES TO QUESTIONS 12 AND 13 ONLY equity is 18% and the cost of debt is 6% QUESTION 12 Given the information

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THE FOLLOWING INFORMATION RELATES TO QUESTIONS 12 AND 13 ONLY equity is 18% and the cost of debt is 6% QUESTION 12 Given the information above, what is the appropriate discount rate if net profit after tax (NPAT) is used to calculate the equity value of the firm? A. 19.14% B. 25.71% C. 18% D. 6% E. None of the above

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