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Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC)for use in capital budgeting? Long-term debt. Accounts
Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC)for use in capital budgeting?
| Long-term debt. | ||
| Accounts payable. | ||
| Retained earnings. | ||
| Common stock. | ||
| Preferred stock. |
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