Quiz Ch 10 – T/F Marginal Cost of Capital and Capital Budgeting
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition
True or false: If you are the president of a small, publicly-traded corporation and anticipate using debt to raise additional capital funds due to a temporary stock price decline, the suitable marginal cost of capital for current-year capital budgeting is the after-tax cost of debt.