Project Financing and the Cost of Capital
W. Armand Layne
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W. Armand Layne: University of the West Indies
Chapter Chapter 17 in Cost Accounting, 1984, pp 284-289 from Palgrave Macmillan
Abstract:
Abstract The financing of a capital project, whether from internal or external sources, necessitates the computation of the firm’s cost of capital.1 The cost of capital can be used by management as a measure to cut off certain projects if the return in percentage terms falls below it.
Keywords: Marginal Cost; Cash Flow; Trade Credit; Current Market Price; Dividend Growth (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17691-5_18
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DOI: 10.1007/978-1-349-17691-5_18
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