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In Kaplan, it is stated that cost of capital, discount rate, required rate of return every term means same thing.
Conceptually, I am only to understand cost of capital ans rate of return are same.
For lender rate of return is interest he demands for giving money. For borrower, the same rate is cost of capital he borrowed.How is discount rate is similar term to cost of capital or rate of return? I am unable to get it conceptually tutor.
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