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Statement I: A company's long-term success depends on its investments earning a sufficient rate of return. Statement II: The cost of capital is the minimum
Statement I:
A company's long-term success depends on its investments earning a sufficient rate of return.
Statement II:
The cost of capital is the minimum rate of return needed for a company to succeed.
Statement 1 is incorrect; statement 2 is correct |
Both statements are incorrect |
Both statements are correct |
Statement 1 is correct; statement 2 is incorrect |
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