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KCG, Inc. has the following mix of funds and costs Туpe Amount Cost Debt P 150,000 18% Preferred stock 500,000 15% Common equity 700,000 12% Total funds P1,350,000 What is KCG's weighted average cost of capital? 13.77% 14.22% 15.22% 12.22%

KCG, Inc. has the following mix of funds and costs Туpe Amount Cost Debt P 150,000 18% Preferred stock 500,000 15% Common equity 700,000 12% Total funds P1,350,000 What is KCG's weighted average cost of capital? 13.77% 14.22% 15.22% 12.22%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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KCG, Inc. has the following mix of funds and costs Тype Amount Cost Debt P 150,000 18% Preferred stock 500,000 15% Common equity 700,000 12% Total funds P1,350,000 What is KCG's weighted average cost of capital? 13.77% 14.22% 15.22% 12.22%
Transcribed Image Text:KCG, Inc. has the following mix of funds and costs Тype Amount Cost Debt P 150,000 18% Preferred stock 500,000 15% Common equity 700,000 12% Total funds P1,350,000 What is KCG's weighted average cost of capital? 13.77% 14.22% 15.22% 12.22%
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