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Which of the following best describes the weighted average cost of capital (WACC) ? A. It is the appropriate rate of return to compensate equityholders

Which of the following best describes the weighted average cost of capital (WACC) ?
A.
It is the appropriate rate of return to compensate equityholders
B.
It is the rate of return that a company should use for NPV calculations of every new project
C.
It is the company's IRR
D.
It is the rate of return that a company must compensate equityholders and debtholders

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