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Home Q & A Board Other Fields Homework Help Business Accounting
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ʎddɐɥ ʎddɐɥ
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7 years ago
The following information was provided for Mr. Rooter Company. The company had total assets of $2,300,000. Of these assets $805,000 was financed with debt at 9%. $1,495,000 was financed with equity capital when the cost of equity financing was 21%. What is Mr. Rooter's weighted cost of financing debt?
A)   3.15%
B)   7.35%
C) 13.65%
D)   9.00%
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hol23hol23
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#1
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7 years ago
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ʎddɐɥ Author
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7 years ago
Thank you, thank you, thank you!
Katey_maree
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Yesterday
Good timing, thanks!
sleinhi
wrote...

2 hours ago
Helped a lot
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