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Which of the following is the cheapest source of borrowing for the firm? cost of preferred stock cost of debt corporate cost of capital cost
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Which of the following is the cheapest source of borrowing for the firm?
cost of preferred stock
cost of debt
corporate cost of capital
cost of common stock
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The discount rate used in capital budgeting decisions should equal the:
the rate used on the firm's last profitable project
market rate of return
corporate cost of capital
a risk-adjusted corporate cost of capital
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