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The cost of capital used in capital budgeting should reflect the average cost 1. "Capital" is sometimes defined as funds supplied to a firm by investors. a. True b. False 2. The cost of capital used in capital budgeting should reflect the average cost of the various sources of long-term funds a firm uses to acquire assets. a. True b. False 3. The cost of preferred stock to a firm must be adjusted to an after-tax figure because 70% of dividends received by a corporation may be excluded from the receiving corporation's taxable income. a. True b. False Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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The cost of capital used in capital budgeting should reflect the average cost The cost of capital used in capital budgeting should reflect the average cost
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