ILL MARK BRANLEST
2 answers:
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Answer:
<em>WACC 10.995</em>
Explanation:
We solve using the Weighted average cost of capital assuming a tax rate of 0% as we have to ignore taxes. Hence, we get:
Ke 0.14700
Equity weight 0.43
Kd 0.082
Debt Weight 0.57
t 0
WACC 10.99500%
Morgan will get $1600 with the process of simple interest.
<h3>what is simple interest?</h3>Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%
principal = $1000
Time = 5 years
Simple interest
Now amount = 1000+600 = 1600.
Therefore, Morgan will get $1600.
To learn more about simple interest from the given link
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