Question
uestion 32 The following 2021 information is available for Anjee Ltd: Cost of debt before tax 11% Cost of equity 12.5% Market value of debt
uestion 32
The following 2021 information is available for Anjee Ltd:
Cost of debt before tax 11%
Cost of equity 12.5%
Market value of debt $4,500,000
Market value of equity $5,500,000
Tax rate 35%
The weighted average cost of capital (WACC) for Anjee Ltd is ________.
| a. | 11.8% | |
| b. | 9.3% | |
| c. | 10.1% | |
| d. | 9.6% | |
| e. | None of the answers. |
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
