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Which of the following is correct? A.Preferred equities are separate from common equities B. opportunity cost should not be included in the capital budgeting decision

Which of the following is correct?

A.Preferred equities are separate from common equities

B. opportunity cost should not be included in the capital budgeting decision

C. Cash from net working capital for each year is defined as NWCn - NWCn-1

D. Retain earnings are important in calculating the WACC

E. Weights for equity in the WACC calculation are always based on book values.

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