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.
The third song on Highwayman, written by Cindy Walker and previously covered by Eddy Arnold, Jimmy Dean and Tex Ritter, among others, is one of the four on the album where only two of the group's members â Cash and Nelson â make an appearance.