A company collects 5 lac taka by selling shares (expected income 18%) and 5 lac taka by bank loan (interest 12%). What i

Question

A company collects 5 lac taka by selling shares (expected income 18%) and 5 lac taka by bank loan (interest 12%). What is the average cost of capital?

Accepted Answer

15%

Answer

12%

Answer

14%

Answer

18%