Explicate sunk costs-discuss their role in capital budgeting

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Reference no: EM131819217

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.

Reference no: EM131819217

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