Question

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.

Answer 1

Answer:

I think that the correct answer is b.

Answer 2

Answer:

B

Explanation:

i think the correct answer is B