Weighted average cost of capital, Finance Basics

Assignment Help:

Weighted Average Cost of Capital

Weighted Average Cost of Capital or WACC is also called the overall or composite cost of capital. Since various capital components have different percentage cost, it is significant to determine a single average cost of capital attributable to different costs of capital. This can be determined on the basis of percentage cost of each capital component.

Market value weight or proportion of every capital component.

W.A.C.C = Ke (E/V) + Kp (P/V) + Kd (1+T) (D/V)  

Whereas: Ke, Kp and Kd = Percentage cost of equity, preference debate capital and share capital respectively

E, P and D = Market value of equity, preference share capital and debt capital respectively.

NB: Market value = Market price of a security x Number of securities.

V = Total market value of the firm = E + P + D.


Related Discussions:- Weighted average cost of capital

Debenture finance, Debenture Finance A type of long term debt raised a...

Debenture Finance A type of long term debt raised after a company sells debenture certificates to the holder and raises finance in return. The term debenture has its source fr

Roe - return on equity, ROE - Return on Equity The average of the...

ROE - Return on Equity The average of the industry ROE was 21.38% for 2004, 24.99% for 2005, and 23.56% for 2006. The chart showed that after the acquisition of IBM PC di

Benefits of payback period, Benefits of Payback Period 1. use simply a...

Benefits of Payback Period 1. use simply and understand and it has created it popular among in ascertaining the viability of venture executives, mainly traditional financial m

Constant dps plus extra or surplus, Constant DPS plus Extra or Surplus ...

Constant DPS plus Extra or Surplus 1. Beneath this policy a constant DPS is paid every year. Nonetheless extra dividends are paid in years of supernormal earnings. 2. It prov

Similarities between preference share capital and debt, Similarities betwee...

Similarities between Preference Share Capital and Debt Similarities between Preference Share Capital and Debt are as follows: a) Both have fixed returns. b) Both do not

Explain the different life insurance products, Question: Company XYZ cu...

Question: Company XYZ currently operates a General Insurance company and would like to start selling life insurance products. The intended market is composed of both financial

Types of partners, Types of Partners 1. General Partners -Unlimited ac...

Types of Partners 1. General Partners -Unlimited active and liability in participation in partnership activities. 2. Limited partners - Limited liability in the management of

Draw a bar chart, The construction of a highway is broken into 14 activitie...

The construction of a highway is broken into 14 activities as shown in the following table. Draw a bar chart of this construction project. Activity ID Desc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd