CIMA - Chartered Institute of Management Accountants Aptitude Test Practice Test
CIMA Financial Management and Risk
What does the 'weighted average cost of capital' (WACC) represent?
Select your answer
A
The average interest rate on a company's bank loans
B
The blended cost of all sources of finance, weighted by their proportion in the capital structure
C
The cost of issuing new equity shares
D
The minimum return required on risk-free investments
Hint
