If the cost of equity is 12% , cost of debt 10%, tax rate 25%, 20 million market value of debt , 60 million market value of equity then the weighted average cost of capital is 10.875%
Given cost of equity is 12% , cost of debt 10%, tax rate 25%, 20 million market value of debt , 60 million market value of equity.
We know that weighted average cost of capital= cost of equity* weight of equity+ cost of debt* weight of debt.
Cost of debt (consider after tax)=10%(1-25%)
=10%*0.75
=0.075
Weight of equity=60/80
=0.75
Weight of debt=20/80
=0.25
Weighted average cost of capital=12%*0.75+0.075*0.25
=0.09+0.01875
=0.10875
=10.875%
Hence the weighted average cost of capital is 10.875%
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Answer:
x=-1
y= -8
Step-by-step explanation:
-8x-y=8
-y=8x+8
Answer:
the probability that a randomly selected South African man is taller than 72 inches is 0.2266
Step-by-step explanation:
The heights of South African men are Normally distributed with a mean of 69 inches and a standard deviation of 4 inches
population mean(m) = 69 inches
population standard deviation(s) = 4 inches
Therefore, the number of standard deviation above mean (z score) = (x - m)/s
In this case, x = 72 inches
z score = (72 - 69)/4 = 3/4 = 0.75
Probability that a randomly selected South African man is taller than 72 inches P(x>72) = 1 - P(x<72) = 1 - z(0.75) using the z table,
P(x>72) = 1 - 0.77337 = 0.2266
therefore, the probability that a randomly selected South African man is taller than 72 inches is 0.2266
They would make 32,760 together in a year. One person would make 7.50 a hour times 42 hours, which would be 315 a week. You would times that by 52 weeks in a year and get 16,380 for one person per year. Multiply 16,380 by two people and you would find that they make 33,760 a year.
Don’t know but will check on Google