In a discussion with your boss, a colleague says, "A project's cost of capital is represented by the perceived riskiness of the future cash flows generated by the project. It also represents what investors are paying through opportunity cost in order to provide capital to the project. It is important to always adjust the cost of capital to reflect the impact of taxes. Which part of the above statement is false? the statement regarding perceived riskiness The entire statement is True the statement about investor's opportunity cost the statement regarding tax-adjustements