assume a not for profit company has $10 million of long term tax exempt debt...

80.2K

Verified Solution

Question

Accounting

assume a not for profit company has $10 million of long term tax exempt debt with an interse rate of 4.5 % . the organization has $ 7 million of net assets wothout do or restrictions ,with an estimated cost of 6 % and 7% return an assets ( cost of capital ). It is the weighted average cost of captial?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students