Why would a firm use its weighted-average cost of capital as the hurdle rate (minimum rate) for

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Why would a firm use its weighted-average cost of capital as the hurdle rate (minimum rate) for a project investment decision, rather than the specific marginal cost of funds? LO9

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Cost Accounting

ISBN: 9780538828079

11th Edition

Authors: Lawrence H. Hammer, William K. Carter, Milton F. Usry

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