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The appropriate cost of capital for a project depends on ___________. Multiple Choice The interest rate on the firm's outstanding long-term bonds. The type of
The appropriate cost of capital for a project depends on ___________.
Multiple Choice
- The interest rate on the firm's outstanding long-term bonds.
- The type of assets used in the project (that is, whether they are current or fixed assets).
- The type of security issued to finance the project.
- The total risk of the firm's equity.
- The risk associated with the project.
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