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Which of the following is not a capital component for the purpose of calculating the weighted average cost of capital in capital budgeting? a. None
Which of the following is not a capital component for the purpose of calculating the weighted average cost of capital in capital budgeting?
a. None of the above
b.Cost of preferred stock
c. The before-tax cost of long-term debt
d. Cost of equity
3. The after-tax cost of long-term debt
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