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Question

Which of the following statements best describes a firm's "cost of capital"?

A. A minimum rate of return a

company must pay to attract investors and satisfy creditors.

B. The maximum acceptable rate of return on investments.

C. The calculated internal rate of return on investments.

D. An interest rate the bank charges its best credit-worthy customers. 

Top Answer

A) minimum rate of return a... View the full answer

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