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6 July, 12:33

16. Which of the following statements about capital budgeting is correct? A. The timing of cash flows is irrelevant in capital budgeting B. A company should use the same discount rate for all of its projects regardless of their risk C. Interest expense on an outstanding loan is a relevant cost for capital budgeting D. Proceeds forgone because a company used a building in a new project, rather than selling the building, is a relevant cost for capital budgeting

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  1. 6 July, 14:17
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    I think C is the answer, however I am unsure.
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