1l ech question, enter the letter of the best response on the blank preceding the question. 16. The process of evaluating and selecting long-term investments for the firm is known as A. correlation. B. capital budgeting. C. operating costs. D. capital structure. -17. Each of the following is a typical source of long-term capital for a firm EXCEPT A. Accounts Payable B. Preferred Stock C. Long-Term Debt. D. Common Stock. 18. When calculating a firm's "Weighted Average Cost of Capital" (WACC), the cost of each type of capital is weighted by A, the firm's beta value. B. the current inflation rate in the economy. C. the bank's prime lending rate. D. its proportion in the firm's capital structure 19. The "weights" in the "Weighted Average Cost of Capital" (WACC) formula A. must sum to 1.0 or 100%. B. must be non-negative. C. must include at least three different types of financing. D. A and B and C E. A and B