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Imagine you are a senior manager planning for a major capital budgeting project. The capital will have to be raised in the next month. Considering

Imagine you are a senior manager planning for a major capital budgeting project. The capital will have to be raised in the next month. Considering Bank of Canada

s interest rate, what base interest rate should you use when developing your calculations? Should you wait or proceed as planned? Why? What about investing this capital?

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