Given this after-tax cost of each source of capital, the weighted average cost of capital using book weights for General Talc Mines is (See Table 11.3.)
A. 11.6 percent.
B. 15.5 percent.
C. 16.6 percent.
D. 17.5 percent.
Answer:B
Given this after-tax cost of each source of capital, the weighted average cost of capital using book weights for General Talc Mines is (See Table 11.3.)
A. 11.6 percent. B. 15.5 percent. C. 16.6 percent. D. 17.5 percent.