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The Shareholders of Innovative Technologies Ltd (ITL)have Invested a Total

question 46

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The shareholders of Innovative Technologies Ltd (ITL) have invested a total of $3 million and require a return of 15 per cent.The debtholders of ITL have invested $20 million and charge an interest rate of 9 per cent.Which of the following is the total return required by the company's capital providers?


Definitions:

Quantitative

Refers to a structured way of investigation that focuses on quantifying the collection and analysis of data.

Qualitative

Pertaining to descriptions or distinctions based on qualities rather than on quantity or numerical measurements.

Marketing Strategy

An organization's strategy that combines all of its marketing goals into one comprehensive plan, leveraging its resources to provide a competitive edge.

Diversified

The quality of having a wide variety or range of different things or activities.

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