What are the likely effects of a policy in which a company fails to adjust for differences

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What are the likely effects of a policy in which a company fails to adjust for differences in risk when estimating the cost of capital for their various projects?
Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of...
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Fundamentals of Financial Management

ISBN: 978-0324272055

10th edition

Authors: Eugene F. Brigham, Joel F. Houston

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