The cost of capital is
A) the minimum return that a capital budgeting project must earn for it to be accepted.
B) the maximum return a project can earn.
C) the return that a previous project for the firm had earned.
D) none of the above.
Answer: A
The cost of capital is
A) the minimum return that a capital budgeting project must earn for it to be accepted.
B) the maximum return a project can earn.
C) the return that a previous project for the firm had earned.
D) none of the above.
Answer: A
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