All of the following items describe a firm's cost of capital EXCEPT a. Risk-free rate plus equity

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All of the following items describe a firm's cost of capital EXCEPT

a. Risk-free rate plus equity risk premium.

b. Equal to the required return of investors. 

c.  Consists of costs for debt and equity capital.

d. Influenced by changes in the capital markets.

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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