Which of the Following Statements Is Correct

question 24

Multiple Choice

Which of the following statements is correct?

• A)The WACC as used in capital budgeting is an estimate of a company's before-tax cost of capital.
• B)The percentage flotation costs associated with issuing new common equity are typically smaller than the flotation costs for new debt.
• C)The WACC, as used in capital budgeting, is an estimate of the cost of all the capital a company has raised to acquire its assets.
• D)There is an opportunity cost associated with using retained earnings, hence they are not "free."

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Definitions:

Federal Funds

Financial resources provided by the federal government to states, localities, and institutions, often for specific projects or purposes.

Exceptionalities

Unique differences or needs in individuals, especially those relating to cognitive, physical, psychological, or educational characteristics.

Cultural Group

A community of people who share common languages, traditions, customs, values, and often geographic locations.

Inclusion

Children with disabilities educated in a general education classroom setting as much as the disability will allow.