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    Intermediate Financial Management Study Set 2
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    Exam 10: Determining the Cost of Capital
  5. Question
    In Capital Budgeting and Cost of Capital Analyses, the Firm
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In Capital Budgeting and Cost of Capital Analyses, the Firm

Question 15

Question 15

True/False

In capital budgeting and cost of capital analyses, the firm should always consider retained earnings as the first source of capital, since this is a free source of funding to the firm.

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