Question
ZNA Inc. has $2,850,000 to run their business, it has this financing made available from multiple sources to run their business. Equity Shares Financing -
ZNA Inc. has $2,850,000 to run their business, it has this financing made available from multiple sources to run their business.
Equity Shares Financing - $800,000 - 10%
Debenture Financing - $600,000 - 7.8%
Term Loan - $1,000,000 - 7.5%
Preference Shares Financing - $300,000 - 8.5%
Retained Earnings of Company - $150,000
What is their weighted average cost of capital?
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Quantitative Financial Analytics The Path To Investment Profits
Authors: Edward E Williams, John A Dobelman
1st Edition
9813224258, 978-9813224254
