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Separately funded projects: a. should be evaluated against the cost of their own dedicated capital b. are usually funded by a source that's more expensive
Separately funded projects:
a. should be evaluated against the cost of their own dedicated capital
b. are usually funded by a source that's more expensive than the cost of capital
c. reinforces the need to match funding sources and uses with a firm's ability to raise capital
d. should be evaluated against the cost of capital despite the availability of separate funds
(answer is not a)
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