MC 9 What is the purpose of cost of capital?
A. To determine the cost of borrowing money
B. To determine the cost of equity
C. To determine the minimum rate of return required by an investor
D. To determine the cost of all sources of funding for an organization
Answer:D
MC 9 What is the purpose of cost of capital?
A. To determine the cost of borrowing money B. To determine the cost of equity C. To determine the minimum rate of return required by an investor D. To determine the cost of all sources of funding for an organization