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In capital budgeting, the discount rate (or hurdle rate) that the return on new projects must exceed is the: Long-term bond rate for companies with

In capital budgeting, the discount rate (or hurdle rate) that the return on new projects must exceed is the:

		Long-term bond rate for companies with the same bond rating
		Required Rate of Return
		After-Tax cost of Debt
		Weighted Average Cost of Capital

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