Combinations of debt-equity financing mean that a weighted, Ask an Expert

Economics

Combinations of debt-equity financing mean that a weighted average cost of capital (WACC) percentage rate (%) results. What is the WACC % for a purchase made with 1/3^rd of the total purchase made with a credit card (debt financing) at i=24% per year and 2/3^rds of the total purchase made with savings account funds (equity financing) earning i=4% per year?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707395

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