Find the weighted average cost of
David Abney buys a piece of equipment for $60,000. He puts down $10,000 and finances $50,000. David’s opportunity cost is 3 percent, and the lender’s interest rate is 6 percent. Find the weighted average cost of capital.
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david abney buys a piece of equipment for 60000 he puts down 10000 and finances 50000 davidrsquos opportunity cost is 3
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