Multiple Choice
The next questions refer to the following.
A publicly traded firm has 4 million shares of stock outstanding, with a current share price of $50. The value of its plant and equipment is $250 million. Its profit annually is $50 million.
-The average cost of capital is approximately
A) 5%
B) 10%
C) 15%
D) 20%
E) 25%
Correct Answer:
Verified
Correct Answer:
Verified
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