Which of the following statements about cost of capital estimation is most correct? OA None of these statements are correct OB The corporate cost of capital is the higher of either the cost of equity or the cost of debt. O c The corporate cost of capital is used as the hurdle (discount) rate for all projects being evaluated in the organization. OD. In general, at least five methods will be used to estimate the cost of debt. Because there is no tax savings associated with debt issued by not-for-profit organizations, it is theoretically wrong to recog OE. the tax savings for investor-owned businesses Which of the following statements regarding the cost of equity is most correct? A The cost of equity for a not-for-profit hospital is zero. OA. The cost of debt is the interest rate set on debt financing, while the cost of equity is defined similarly. it is the rate of return OB. required by equity investors The debt cost plus risk premium method is one way to estimate the cost of equity. Oc. O D. Statement a., b., and c. are all correct. OE. Statements a. and b. are both correct