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11. Interpret the figure below: According to this figure, firms can minimize the cost of capital by a. investing more in the global markets b.

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11. Interpret the figure below: According to this figure, firms can minimize the cost of capital by a. investing more in the global markets b. minimizing IRR (internal rate of return) c. taking not local but only global investment projects d. attracting more local investors cost of capital (%) K local .K global T IRR - Investment ($) Ilocal Iglobal

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