Kizspy | Question: 7
(Choose 1 answer)
The WACC for a firm is 13.00 percent. You know that the firm's cost of debt is 10 percent and the cost of equity is 20 percent. What proportion of the firm is financed with debt? Assume the firm pays no tax
Α. 30%
B. 33%
C. 50%
D. 70%
