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1. Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting? a.
1. Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting?
a. Long-term debt.
b. Accounts payable.
c. Retained earnings.
d. Common stock.
e. Preferred stock.
.
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