1.Two projects are considered to be independent if

a.selecting one would have no bearing on accepting the other.

b.they aremutuallyexclusivetoo.

c.they are located only in theUnitedStates.

d.they are linked viacommon ownership.

2. When estimating the cost of debt capital for a firm, we are primarily interested in

a.the weighted average cost of equity.

b.the yield to maturity on the debt.

c.the coupon rate of the taxes.

d.the output from the CAPM.