Combinations of debt-equity financing mean

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Combinations of debt-equity financing mean that a weighted average cost of capital (WACC) percentage rate (%) results. What is the WACC % for a purchase made with 1/3rd  of the total purchase made with a credit card (debt financing) at i=24% per year and 2/3rds of the total purchase made with savings account funds (equity financing) earning i=4% per year?

Reference no: EM13998568

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