Explicate sunk costs and discuss their role in capital
1. Explicate sunk costs and discuss their role in capital budgeting.
2. Why is the WACC used in capital budgeting?
3. Explain some of the factors that affect the cost of capital and describe whether or not it is something that a company can control.
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1 explicate sunk costs and discuss their role in capital budgeting2 why is the wacc used in capital budgeting3 explain
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