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.
Then the concept came to him and he did research on the subject. Levon Helm, a native of Arkansas, stated that he assisted in the research for the lyrics. In his 1993 autobiography, This Wheel's on Fire, Helm wrote, Robbie and I worked on 'The Night They Drove Old Dixie Down' up in Woodstock.