Which of the following is the MOST appropriate discount rate to be used when valuing a firm as a whole? <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Cost of debt
B. Cost of equity
C. Cost of capital
D. Cost of currency
Answer:C
Which of the following is the MOST appropriate discount rate to be used when valuing a firm as a whole? <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Cost of debt B. Cost of equity C. Cost of capital D. Cost of currency