Question: Question Completion Status: Moving to the next question prevents changes to this answer Question of 30 Question 8 points Accountacy@w lid has 10 million R1
Question Completion Status: Moving to the next question prevents changes to this answer Question of 30 Question 8 points Accountacy@w lid has 10 million R1 00 ordinary shares in issue that have a current market value of R200 per share. The company has nodermatiu loan capital in issue with a nominal value of R20 million that is quoted at R150 per R100 nominal value. The cost of ordinary share is estimated at 15and the rate of interest on the loan capital is 12%. The rate of corporation tax is 28% Calculate Accountaty@ws WACC (Weighted average cost of capital) 13% 11 18% 10% 13.5% GO Moving to the next question prevents changes to this
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