Question: need some help solving this step by step without excel thank you! A firm is financed using one-third debt and two-thirds equity. If the cost

need some help solving this step by step without excel thank you!need some help solving this step by step without excel thank you!

A firm is financed using one-third debt and two-thirds equity. If the cost of debt is 9% pa and the cost of equity 12% pa, the firm's weighted average cost of capital: Select one: A. 11.0%pa B. 11.5%pa C. 10.0%pa D. 10.5% pa

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