4 The Opportunity Cost of Capital An investors opportunity cost of capital (or simply, the cost...
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4 The Opportunity Cost of Capital
• An investor’s opportunity cost of capital (or simply, the cost of capital) is the best available expected return offered in the market on an investment of comparable risk and term to the cash flow being discounted.
(opportunity) cost of capital, p. 150 MyFinanceLab Study Plan 5.4
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Fundamentals Of Corporate Finance
ISBN: 9780134475561
4th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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