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CTP · Question #829

(Topic 9) What is the Weighted Average Cost of Capital for XYZ Company, assuming the following: The pre-tax cost of long term debt is 8% The cost of equity is 11% The marginal tax rate is 33% Total…

The correct answer is C. 8.7%. See the full explanation below for the reasoning.

Question

  • (Topic 9)

What is the Weighted Average Cost of Capital for XYZ Company, assuming the following:

The pre-tax cost of long term debt is 8%  The cost of equity is 11%  The marginal tax rate is 33%  Total liabilities = $75,000  Long term debt = $50,000  Owners equity = $75,000 

Options

  • A7.2%
  • B7.8%
  • C8.7%
  • D12.4%

How the community answered

(33 responses)
  • A
    3% (1)
  • B
    15% (5)
  • C
    76% (25)
  • D
    6% (2)

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