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The cost of capital can be described best as the: a. rate a firm pays for the use of invested funds. b. the minimum return

The cost of capital can be described best as the:

a.

rate a firm pays for the use of invested funds.
b.

the minimum return required of capital budgeting projects that are about as risky as the firm.
c.

Either of the above
d.

None of the above

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