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Suppose a firm has estimated its weighted average cost of capital (WACC) to be 9%. A reasonable estimate of the cost of capital for a
Suppose a firm has estimated its weighted average cost of capital (WACC) to be 9%. A reasonable estimate of the cost of capital for a project with below average risk might be
a. | 7% | |
b. | 11% | |
c. | 9% |
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