Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 36

Gentech, Inc. financed a new product as follows: $5 million in stock sales at 13.7% per year, $2 mil­lion in retained earnings at 8.9% per year, and $3 million through convertible bonds at 7.8% per year. The company's WACC is closest to:
A) 9% per year
B) 10% per year
C) 11% per year
D) 12% per year