Which statement is true?
A) A firm that uses its own funds,rather than borrow money,does not need to take the going rate of interest into account.
B) The only consideration that a firm undertaking an investment project needs to consider is the interest rate.
C) The concept of opportunity cost may be applied to a firm that is considering using its own funds for an investment project.
D) None is true.
Correct Answer:
Verified
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