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Business, 12.11.2019 23:31 amandaneedshelp95
Which is true regarding the trade-off a firm makes when it spends money on an investment project? a. the trade-off a firm faces when using retained earnings or borrowed funds is the same. b. borrowing money will always be more expensive than using retained earnings. c. using retained earnings has a higher opportunity cost than does using borrowed money because retained earnings come from past profits. d. the cost of retained earnings is unrelated to the cost of borrowing money.
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