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The weighted average cost of capital is ______. a) Made up of the sources of long-term financing and their associated costs. b) The average of

The weighted average cost of capital is ______.

a) Made up of the sources of long-term financing and their associated costs.

b) The average of the cost of each financing component, weighted by the proportion of each component.

c) The cost of capital for the firm as a whole

d) All of the above

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