Question: Select the best choice below. When evaluating a project, the discount rate to be used should be the: Responses cost of debt only cost of
Select the best choice below. When evaluating a project, the discount rate to be used should be the:
Responses
cost of debt only
cost of debt only
average cost of funds associated with the firm's capital structure
average cost of funds associated with the firm's capital structure
cost of equity only
cost of equity only
capital structure with which the project was financed
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