The cost of capital is sometimes referred to as the discount rate or the opportunity cost. What it play in the long-term investment decisions of any firm?

Intermediate Financial Management (MindTap Course List)
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d)
The cost of capital is sometimes referred to as the discount rate or the opportunity cost. What role does
it play in the long-term investment decisions of any firm?
Transcribed Image Text:d) The cost of capital is sometimes referred to as the discount rate or the opportunity cost. What role does it play in the long-term investment decisions of any firm?
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