Which of the Following Is Not Considered a Capital Component

Multiple Choice

Which of the following is not considered a capital component for the purpose of calculating the weighted average cost of capital as it applies to capital budgeting?

A) Long-term debt.
B) Common stock.
C) Short-term debt used to finance seasonal current assets.
D) Preferred stock.
E) All of the above are considered capital components for WACC and capital budgeting purposes.