Multiple Choice
From the following data,calculate the company's cost of capital: annual earnings = $0.2 million,total market value of company = $0.5 million,total value of debt = 0,interest on debt = 12% p.a.
A) 28%
B) 4.8%
C) 12%
D) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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