Question
Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting? a. Long-term
Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting?
| a. | Long-term debt. | |
| b. | Accounts payable. | |
| c. | Preferred stock. | |
| d. | Common stock raised by new issues. | |
| e. | Common stock raised by reinvesting earnings. |
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
