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All of the following statements are true about the Cost of Capital EXCEPT: (1) Used to determine net present value (2) is the same as
All of the following statements are true about the Cost of Capital EXCEPT: (1) Used to determine net present value (2) is the same as the internal rate of return (3) the required rate of return a firm must earn on its investments (4) the cost of funding new projects a. 1 only b. 2 only c. 2 and 3 d. They are ALL true.
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