Why is the cost of capital an important concept when discounting models are used for capital budgeting?

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Managerial Accounting

ISBN: 9781618532350

8th Edition

Authors: Morse Hartgraves

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Question Posted: May 31, 2024 10:07 AM

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Why is the cost of capital an important concept when discounting models are used for capital budgeting?

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Managerial Accounting

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