Question: Question 31 points Acme Supply Co. has a new project that will require the company to borrow $2,000,000. Acre has made an agreement with three
Question 31 points Acme Supply Co. has a new project that will require the company to borrow $2,000,000. Acre has made an agreement with three lenders for the needed financing Pirat National Bank will pre 1.000.000 and wants 100 interest on the loan Lackup Bank will give $60.00 and wants 12.0interest on the loan. Southern National Bank will give $400.000 and wants 19.0 interest on the loan. What is the weighted average cost of capital for the $2.000.000 loan? 14 9.0W 112 175 Question 31 Acme Supply Co. has a new project that will require the company to borrow $2,000,000 Aame has made an agreement with three lenders for and trang we wants 100 interest on the loan. Lockup Bank will give 3600,000 and wants 12.0 interest on the loan, Southern National Bank wire 400.000 and art on the loan What is the average cost of capital for this $2,000,000 ban? 14.0 9. 21.9 17.5
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