What assumptions are required in deriving the proposition that a firms cost of capital is independent of

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What assumptions are required in deriving the proposition that a firm’s cost of capital is independent of its capital structure?

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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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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