Cost of equity to discount project cash flows
Why is using the cost of equity to discount project cash flows inappropriate when a firm uses both debt and equity in its capital structure?
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net income of $225,000; a sale of treasury stock costing $75,000 for $79,750; a treasury stock purchase costing $125,700; a cash dividend declaration of $73,200; a 10,000 share "small" common stock ($10 par value) dividend was declared and distrib
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