Question: Separately funded projects: a. should be evaluated against the cost of their own dedicated capital b. are usually funded by a source that's more expensive

Separately funded projects:

a. should be evaluated against the cost of their own dedicated capital

b. are usually funded by a source that's more expensive than the cost of capital

c. reinforces the need to match funding sources and uses with a firm's ability to raise capital

d. should be evaluated against the cost of capital despite the availability of separate funds

(answer is not a)

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