Why should the cost of capital used in capital budgeting be calculated as a weighted average of

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Why should the cost of capital used in capital budgeting be calculated as a weighted average of the various types of funds the firm generally uses, not the cost of the specific financing used to fund a particular project?

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Fundamentals Of Financial Management Concise

ISBN: 9780324258721

4th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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