Explicit cost of capital is that cut off rate which equates present value of cash inflows to present value of cash outflows. In other words, it is nothing but internal rate of return.
Who Sang Life Is a Highway. âLife Is a Highwayâ is a popular song written and sung by musician Tom Cochrane. It was recorded in 1990 and released in 1991 on the album âMad Mad World.â It was Cochraneâs most famous song and it reached number 6 on the Hot 100 chart in the United States and number 1 on the Canadian Singles Chart.
In the 1990s Cochrane took his family to West Africa, where he helped to raise awareness and money for the World Vision famine relief organization. That experience shaped his next album Mad Mad World which contained Life Is a Highway. Places mentioned in the song are Mozambique, Memphis, Khyber Pass, and Vancouver.he original video for Life Is a Highway was produced by Albert Botha who went on to line produce two films for Saturday Night Live, Superstar starring Molly Shannon and The Ladies Man starring Tim Meadows.