Business
Business, 15.07.2019 17:10, asims44

5) acme supply co. has a new project that will require the company to borrow $3,000,000. acme has made an agreement with three lenders for the needed financing. first national bank will give $1,500,000 and wants 10% interest on the loan. lockup bank will give $1,000,000 and wants 12% interest on the loan. southern national bank will give $500,000 and wants 13% interest on the loan. what is the weighted average cost of capital for this $3,000,000?

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5) acme supply co. has a new project that will require the company to borrow $3,000,000. acme has ma...

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