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2 votes
The cost of capital is:___________

a. the return that a previous project for the firm had earned.
b. the minimum return that a capital budgeting project must earn for it to be accepted.
c. the maximum return a project can earn.
d. none of these.

2 Answers

4 votes

Answer:

B

Step-by-step explanation:

i think the correct answer is B

User Hokam
by
4.0k points
4 votes

Answer:

I think that the correct answer is b.

User Kiran Babu
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4.0k points