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The advantage of using the marginal cost of capital as a company's average hurdle rate is: A) capital market estimations of risk are probably more
The advantage of using the marginal cost of capital as a company's average hurdle rate is: A) capital market estimations of risk are probably more objective than the company's. B) it does not reflect the incremental cost of funding future investments. C) it is the basis of the market's assessments of a company's investment decisions. D) A and C. E) A, B, and C
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
