Question: General Talc Mines has compiled the following data regarding the marker value and cost of the specific sources of capital Market price per share of
General Talc Mines has compiled the following data regarding the marker 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 _____
A- 11.7%
B- 13.5%
C- 15.8%
D- 17.5%
E- 14.4%
if someone can explain how to get the answer not just show the answer I will ddfinitely be thankfull
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