Principles of Managerial Finance
Principles of Managerial Finance
17th Edition
ISBN: 9781323419656
Author: Gitman
Publisher: PEARSON
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Chapter 9.1, Problem 9.2RQ
Summary Introduction

To discuss:

The role of the cost of capital in long term investment decisions.

Introduction:

The cost of capital is the opportunity cost involved in making a specific investment. The rate of return required to make an investment in a capital budgeting project is known as the cost of capital.

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Working capital explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=XvHAlui-Bno;License: Standard Youtube License