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#cfa-level-1 #corporate-finance #reading-36-cost-of-capital #study-session-11
A company grows by making investments that are expected to increase revenues and profits
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1. INTRODUCTION
A company grows by making investments that are expected to increase revenues and profits. The company acquires the capital or funds necessary to make such investments by borrowing or using funds from owners. By applying this capital to investments with long-term benefits, t


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