Multiple Choice
Table 9.3
Balance Sheet
General Talc Mines
December 31,2019
-General Talc Mines has compiled the following data regarding the market value and cost of the specific sources of capital. Market price per share of common stock $50 Market value of long-term debt $980 per bond
The weighted average cost of capital using market value weights is ________.(See Table 9.3)
A) 11.7 percent
B) 13.5 percent
C) 15.8 percent
D) 17.5 percent
Correct Answer:

Verified
Correct Answer:
Verified
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