这题

问题如下：

Company X announces that a debt-to-equity ratio of 1.5 is consistent with its target capital structure. Given this value, the weight for equity in the WACC calculation is:

选项：

A.

40%.

B.

50%

C.

60%

解释：

A is correct. A simple way of transforming a debt-to-equity ratio (D/E) into a weight—that is, D/(D + E)—is to divide D/E by 1 + D/E. Therefore, a debt-to-equity ratio of 1.5 represents a weight on debt of 1.5/2.5 = 0.6, so wd = 0.6 and we = 1 − 0.6 = 0.4. Thus, the weight for equity in the WACC calculation is 40%.