Answer:

Step-by-step explanation:
If I'm not mistaken by the question, we have

Multiply through by the LCM of all the denominators to clear the fractions. Since we have only one fraction, we multiply through by its LCM (3)


Putting all terms on the LHS (left hand side) and evaluating,

Answer:
x *2 + (28-x)*4 = 100
Step-by-step explanation:
Given
Total number of questions in the paper = 28
Out of these 28 questions let us say that x number of questions are of 2 points and 28-x questions are of 4 points.
Also, the complete test is of 100 marks
Thus, the linear equation representing the
x *2 + (28-x)*4 = 100
Beta= 1.3
Debt to equity ratio= 0.4
Market rate of return= 11.6%
= 11.6/100
= 0.116
Tax rate= 32%
= 32/100
= 0.32
Risk free rate= 3.3%
= 3.3/100
= 0.033
Pretax cost of debt= 7.2%
= 7.2/100
= 0.072
The firm's WACC can be calacluated as follows
RS= 0.033+1.3(0.116-0.033)
= 0.033+1.3(0.083)
= 0.033+0.1079
= 0.1409
WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)
= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)
= 0.1006+0.0699
= 0.1705(100)
= 17.05%
Hence the firm's WACC is 17.05%
Answer:
Step-by-step explanation: