What is the weighted average cost of capital of bulldogs inc

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Question - An accountant for Bulldogs Inc. must calculate the weighted average cost of capital of the corporation using the following information.

Interest Rate

Accounts payable P42,000,000 -0-

Long-term debt 12,000,000 6%

Common shares 12,000,000 10%

Retained earnings 6,000,000 12%

Required - What is the weighted average cost of capital of Bulldogs Inc.?

Reference no: EM133138499

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