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Capital budgeting implies that a company does not have unlimited funding capacities and that it is necessary to make a choices. The cost of capital
Capital budgeting implies that a company does not have unlimited funding capacities and that it is necessary to make a choices. The cost of capital also called weighted average cost of capital or WACC is definitely a means of budgeting. Discuss how the cost of capital and capital rationing are used in the capital budgeting process.
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