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The cost of capital is the minimum return that a capital budgeting project must earn for it to be accepted. the maximum return a project
The cost of capital is
| the minimum return that a capital budgeting project must earn for it to be accepted. | ||
| the maximum return a project can earn. | ||
| the return that a previous project for the firm had earned. | ||
| none of the above. |
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Principles Of Managerial Finance
Authors: Chad J. Zutter, Scott Smart
16th Edition
0136945880, 978-0136945888
