1.In capital budgeting the cost of capital for each project is determined by___?

A)Which ever rate would minimize managers quarterly bonus.

B)The last specific source of financing (i.e. Equity, Debt) that was issued.

C)The next specific source of financing (i.e. Equity, Debt) to be issued.

D)The firms overall mix of financing sources (i.e. WACC).

E) The Sarbanes-Oxley Act of 2002.