The appropriate discount rate to be used when analyzing an investment project is:

A) the rate of return financial markets offer on investment of similar risk

B) the CAPM return calculated using the firm's past beta

C) The WACC calculated based on the firm existing assets

D) The coupon rate for the firm newly issued 10-year corporate coupon bond

E) The internal rate of return on that investment project

Which of the following statement is correct?

A) all statements are correct

B) Limited partnership has only limited partners while general partnerships has only general partners

C) Owners of sole proprietorships pay personal income tax and owners of partnerships pay partnership income tax

D) Agency problems cannot exist between equity holder and dept holders

E) All statements are not correct