Xavier plans to invest in a start-up company and has the following sources of capital available. Source of funds Interes
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Xavier plans to invest in a start-up company and has the following sources of capital available. Source of funds Interes
company and has the following sources of capital available. Source of funds Interest Rate Borrowing Limit Family 2% Friends Bank loan Credit card 5.50% What is his weighted average cost of capital if he needs to raise $45,000? 7.80% 5.27% 5.50% 9% 19% 8.88% $22,000 $4,000 $30,000 $9,000
Xavier plans to invest in a start-up