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    Fundamentals of Financial Management Study Set 1
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    Exam 10: The Cost of Capital
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    For Capital Budgeting and Cost of Capital Purposes,the Firm Should
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For Capital Budgeting and Cost of Capital Purposes,the Firm Should

Question 24

Question 24

True/False

For capital budgeting and cost of capital purposes,the firm should always consider retained earnings as the first source of capital (i.e. ,use these funds first)because retained earnings have no cost to the firm.

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