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Which of the following best defines the cost of capital? Select one : a hurdle rate set by the board of directors. B . the

Which of the following best defines the cost of capital? Select one : a hurdle rate set by the board of directors. B. the coupon rate of debt. C. the rate of return a firm must earn on its existing assets to maintain the current value of its stock d. The cost of funding the firm's liabilities e. the average cost of the firm's assets .

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