SlideShare a Scribd company logo
1 of 23
Chapter - 9 The Cost of Capital
Chapter Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object]
Significance of the Cost of Capital ,[object Object],[object Object],[object Object]
The Concept of the Opportunity Cost of Capital ,[object Object],OCC .  Equity shares Risk .  Preference shares .  Corporate bonds .  Government bonds .  Risk-free security
General Formula for the Opportunity Cost of Capital ,[object Object],[object Object],[object Object]
Weighted Average Cost of Capital Vs. Specific Costs of Capital ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Debt ,[object Object],[object Object],[object Object]
Cost of Preference Capital ,[object Object],[object Object]
Cost of Equity Capital ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Equity Capital ,[object Object],[object Object]
The Capital Asset Pricing Model (CAPM) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Equity: CAPM Vs. Dividend—Growth Model ,[object Object],[object Object],[object Object],[object Object]
Cost of Equity: CAPM Vs. Dividend—Growth Model ,[object Object],[object Object],[object Object],[object Object]
The Weighted Average Cost of Capital ,[object Object],[object Object],[object Object],[object Object],[object Object]
Book Value Versus Market Value Weights ,[object Object],[object Object],[object Object],[object Object]
Book Value Versus Market Value Weights ,[object Object],[object Object],[object Object]
Book Value Versus Market Value Weights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Flotation Costs, Cost of Capital and Investment Analysis ,[object Object],[object Object],[object Object]
Divisional and Project Cost of Capital ,[object Object],[object Object]
Divisional and Project Cost of Capital ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Cost of Capital for Projects ,[object Object],[object Object]
The Cost of Capital for Projects ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

financial management stock valuation chapter solution ...MOHSIN MUMTAZ
financial management stock valuation chapter solution ...MOHSIN MUMTAZfinancial management stock valuation chapter solution ...MOHSIN MUMTAZ
financial management stock valuation chapter solution ...MOHSIN MUMTAZmianmohsinmumtazshb
 
Wacc presentation
Wacc presentationWacc presentation
Wacc presentationalisher96
 
portfolio risk
portfolio riskportfolio risk
portfolio riskAttiq Khan
 
Managerial Finance Chapter 10 solutions by Gitman 14 Edition
Managerial Finance Chapter 10 solutions by Gitman 14 EditionManagerial Finance Chapter 10 solutions by Gitman 14 Edition
Managerial Finance Chapter 10 solutions by Gitman 14 EditionQaisar Mehar
 
Weighted Average Cost of Capital
Weighted Average Cost of CapitalWeighted Average Cost of Capital
Weighted Average Cost of CapitalRod Medallon
 
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertibles
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertiblesFm11 ch 21 hybrid financing preferred stock,warrants, and convertibles
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertiblesNhu Tuyet Tran
 
99700905 cost-of-capital-solved-problems
99700905 cost-of-capital-solved-problems99700905 cost-of-capital-solved-problems
99700905 cost-of-capital-solved-problemsvarsha nihanth lade
 
Capital structure defenition
Capital structure defenitionCapital structure defenition
Capital structure defenitionsaravanan
 
Bond Valuation
Bond ValuationBond Valuation
Bond ValuationASAD ALI
 
Chapter 10.The Cost of Capital(WACC)
Chapter 10.The Cost of Capital(WACC)Chapter 10.The Cost of Capital(WACC)
Chapter 10.The Cost of Capital(WACC)ZahraMirzayeva
 
Chapter 10:Risk and Refinements In Capital Budgeting
Chapter 10:Risk and Refinements In Capital BudgetingChapter 10:Risk and Refinements In Capital Budgeting
Chapter 10:Risk and Refinements In Capital BudgetingInocentshuja Ahmad
 
Chapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And LeverageChapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And LeverageAlamgir Alwani
 
Marriott Corporation. Cost of Capital
Marriott Corporation. Cost of CapitalMarriott Corporation. Cost of Capital
Marriott Corporation. Cost of CapitalTurumbayevRassul
 

What's hot (20)

financial management stock valuation chapter solution ...MOHSIN MUMTAZ
financial management stock valuation chapter solution ...MOHSIN MUMTAZfinancial management stock valuation chapter solution ...MOHSIN MUMTAZ
financial management stock valuation chapter solution ...MOHSIN MUMTAZ
 
Wacc presentation
Wacc presentationWacc presentation
Wacc presentation
 
Nike Cost of Capital
Nike Cost of Capital Nike Cost of Capital
Nike Cost of Capital
 
Agency theory and capital structure
Agency theory and capital structureAgency theory and capital structure
Agency theory and capital structure
 
portfolio risk
portfolio riskportfolio risk
portfolio risk
 
Managerial Finance Chapter 10 solutions by Gitman 14 Edition
Managerial Finance Chapter 10 solutions by Gitman 14 EditionManagerial Finance Chapter 10 solutions by Gitman 14 Edition
Managerial Finance Chapter 10 solutions by Gitman 14 Edition
 
Weighted Average Cost of Capital
Weighted Average Cost of CapitalWeighted Average Cost of Capital
Weighted Average Cost of Capital
 
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertibles
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertiblesFm11 ch 21 hybrid financing preferred stock,warrants, and convertibles
Fm11 ch 21 hybrid financing preferred stock,warrants, and convertibles
 
99700905 cost-of-capital-solved-problems
99700905 cost-of-capital-solved-problems99700905 cost-of-capital-solved-problems
99700905 cost-of-capital-solved-problems
 
Capital structure defenition
Capital structure defenitionCapital structure defenition
Capital structure defenition
 
Bond Valuation
Bond ValuationBond Valuation
Bond Valuation
 
Chapter 5:Risk and Return
Chapter 5:Risk and ReturnChapter 5:Risk and Return
Chapter 5:Risk and Return
 
Capital Budgeting
Capital BudgetingCapital Budgeting
Capital Budgeting
 
Chapter 10.The Cost of Capital(WACC)
Chapter 10.The Cost of Capital(WACC)Chapter 10.The Cost of Capital(WACC)
Chapter 10.The Cost of Capital(WACC)
 
Chapter 10:Risk and Refinements In Capital Budgeting
Chapter 10:Risk and Refinements In Capital BudgetingChapter 10:Risk and Refinements In Capital Budgeting
Chapter 10:Risk and Refinements In Capital Budgeting
 
Chapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And LeverageChapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And Leverage
 
Enager Industries,Inc
Enager Industries,IncEnager Industries,Inc
Enager Industries,Inc
 
Marriott Corporation. Cost of Capital
Marriott Corporation. Cost of CapitalMarriott Corporation. Cost of Capital
Marriott Corporation. Cost of Capital
 
Chapter 10 solutions
Chapter 10 solutionsChapter 10 solutions
Chapter 10 solutions
 
Capital stucture copy
Capital stucture   copyCapital stucture   copy
Capital stucture copy
 

Viewers also liked

Cost of capital
Cost of capitalCost of capital
Cost of capitalViquaco
 
Cost of capital
Cost  of capitalCost  of capital
Cost of capitalAaryendr
 
Cost of capital....ppt
Cost of capital....pptCost of capital....ppt
Cost of capital....pptNupur Bhalla
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capitalyashpal01
 
Cost of capital
Cost of capitalCost of capital
Cost of capitalSweetp999
 
Chapter 7 capital cost estimation
Chapter 7 capital cost estimationChapter 7 capital cost estimation
Chapter 7 capital cost estimationjose2424
 
Cost analysis
Cost analysisCost analysis
Cost analysisdeep_anuj
 
Chapter 6 Investment Decision Rules
Chapter 6 Investment Decision RulesChapter 6 Investment Decision Rules
Chapter 6 Investment Decision RulesScott Yang
 
Structure of business developed by jovin thomas panamthanam
Structure of business developed by jovin thomas panamthanamStructure of business developed by jovin thomas panamthanam
Structure of business developed by jovin thomas panamthanamJovin Thomas
 
Newsletter 9-28-12
Newsletter 9-28-12Newsletter 9-28-12
Newsletter 9-28-12hanks1mr
 
Business structure
Business structureBusiness structure
Business structureahmed Khan
 
Business basics technology
Business basics  technologyBusiness basics  technology
Business basics technologyPeta An
 
Presentation Structure
Presentation StructurePresentation Structure
Presentation StructureYoung Markets
 

Viewers also liked (20)

Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital
Cost  of capitalCost  of capital
Cost of capital
 
Cost of capital....ppt
Cost of capital....pptCost of capital....ppt
Cost of capital....ppt
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Chapter 7 capital cost estimation
Chapter 7 capital cost estimationChapter 7 capital cost estimation
Chapter 7 capital cost estimation
 
Cost analysis
Cost analysisCost analysis
Cost analysis
 
Chapter 6 Investment Decision Rules
Chapter 6 Investment Decision RulesChapter 6 Investment Decision Rules
Chapter 6 Investment Decision Rules
 
Business structure it
Business structure itBusiness structure it
Business structure it
 
Structure of business developed by jovin thomas panamthanam
Structure of business developed by jovin thomas panamthanamStructure of business developed by jovin thomas panamthanam
Structure of business developed by jovin thomas panamthanam
 
Newsletter 9-28-12
Newsletter 9-28-12Newsletter 9-28-12
Newsletter 9-28-12
 
Business structure
Business structureBusiness structure
Business structure
 
Business structure
Business structureBusiness structure
Business structure
 
Business basics technology
Business basics  technologyBusiness basics  technology
Business basics technology
 
Business Basics
Business BasicsBusiness Basics
Business Basics
 
The Basics of a Business Continuity Plan
The Basics of a Business Continuity PlanThe Basics of a Business Continuity Plan
The Basics of a Business Continuity Plan
 
Cost estimation techniques
Cost estimation techniquesCost estimation techniques
Cost estimation techniques
 
Cost of capital and investment theory
Cost of capital and investment theoryCost of capital and investment theory
Cost of capital and investment theory
 
THE COST OF CAPITAL
THE COST OF CAPITALTHE COST OF CAPITAL
THE COST OF CAPITAL
 
Presentation Structure
Presentation StructurePresentation Structure
Presentation Structure
 

Similar to Ch 09

Unit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial ManagementUnit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial ManagementShaik Mohammad Imran
 
Mba 2 fm u 3 cost of capital
Mba 2 fm u 3 cost of capital Mba 2 fm u 3 cost of capital
Mba 2 fm u 3 cost of capital Rai University
 
Fm chapter 8
Fm chapter 8Fm chapter 8
Fm chapter 8Le Ha
 
Mercer Capital | Valuation Insight | Capital Structure in 30 Minutes
Mercer Capital | Valuation Insight | Capital Structure in 30 MinutesMercer Capital | Valuation Insight | Capital Structure in 30 Minutes
Mercer Capital | Valuation Insight | Capital Structure in 30 MinutesMercer Capital
 
cost of capital .pdf
cost of capital .pdfcost of capital .pdf
cost of capital .pdfssuser295ef8
 
Cost of capital1
Cost of capital1Cost of capital1
Cost of capital1Avik Das
 
Cost of Capital Theory
Cost of Capital TheoryCost of Capital Theory
Cost of Capital Theoryuma reur
 
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In India
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In IndiaRBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In India
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In IndiaRBSA Advisors
 
cost of capital
 cost of capital cost of capital
cost of capitalPaRth PaTel
 
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...RBSA Advisors
 

Similar to Ch 09 (20)

Mrunmyee
MrunmyeeMrunmyee
Mrunmyee
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capital
 
Unit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial ManagementUnit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial Management
 
Mba 2 fm u 3 cost of capital
Mba 2 fm u 3 cost of capital Mba 2 fm u 3 cost of capital
Mba 2 fm u 3 cost of capital
 
Bba 4 fm u 3 cost of capital
Bba 4 fm u 3 cost of capital Bba 4 fm u 3 cost of capital
Bba 4 fm u 3 cost of capital
 
Fm chapter 8
Fm chapter 8Fm chapter 8
Fm chapter 8
 
Mercer Capital | Valuation Insight | Capital Structure in 30 Minutes
Mercer Capital | Valuation Insight | Capital Structure in 30 MinutesMercer Capital | Valuation Insight | Capital Structure in 30 Minutes
Mercer Capital | Valuation Insight | Capital Structure in 30 Minutes
 
cost of capital .pdf
cost of capital .pdfcost of capital .pdf
cost of capital .pdf
 
Cost of capital1
Cost of capital1Cost of capital1
Cost of capital1
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capital
 
Cost of Capital Theory
Cost of Capital TheoryCost of Capital Theory
Cost of Capital Theory
 
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In India
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In IndiaRBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In India
RBSA Advisors Research Report - The Reward of the ₹ : Cost of Capital In India
 
ch 12 cost of capital.pdf
ch 12 cost of capital.pdfch 12 cost of capital.pdf
ch 12 cost of capital.pdf
 
cost of capital
 cost of capital cost of capital
cost of capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of Capital.ppt
Cost of Capital.pptCost of Capital.ppt
Cost of Capital.ppt
 
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...
RBSA Advisors Research Report - The Reward of the Rupee : Cost of capital in ...
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 

More from kpserver (15)

Ch 15
Ch 15Ch 15
Ch 15
 
Ch 14
Ch 14Ch 14
Ch 14
 
Ch 13
Ch 13Ch 13
Ch 13
 
Ch 12
Ch 12Ch 12
Ch 12
 
Ch 11
Ch 11Ch 11
Ch 11
 
Ch 08
Ch 08Ch 08
Ch 08
 
Ch 10
Ch 10Ch 10
Ch 10
 
Ch 07
Ch 07Ch 07
Ch 07
 
Ch 06
Ch 06Ch 06
Ch 06
 
Ch 05
Ch 05Ch 05
Ch 05
 
Ch 04
Ch 04Ch 04
Ch 04
 
Ch 03
Ch 03Ch 03
Ch 03
 
Ch 02
Ch 02Ch 02
Ch 02
 
Ch 01
Ch 01Ch 01
Ch 01
 
0273685988 Ch16
0273685988 Ch160273685988 Ch16
0273685988 Ch16
 

Recently uploaded

03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptxFinTech Belgium
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfGale Pooley
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Pooja Nehwal
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure servicePooja Nehwal
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 

Recently uploaded (20)

(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 

Ch 09

  • 1. Chapter - 9 The Cost of Capital
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.