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  3. anz corp. needs $1,500,000 to start business, and

ANZ Corp. needs $1,500,000 to start business, and it has received financing from multiple sources...

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Accounting

ANZ Corp. needs $1,500,000 to start business, and it has received financing from multiple sources to run their business. Equity Shares Financing - $600,000 - 7% Debenture Financing - $500,000 - 5.5% Term Loan - $200,000 - 6% Preference Shares Financing - $200,000 - 5% What is their weighted average cost of capital? (Choose the answer closest to your calculations)

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