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T/F 1. Financial markets connect production needs for money with consumptions available savings.
T/F 2. Money markets deal in short-term debt.
T/F 3. Sunk costs have already been spent and are ignored.
T/F 4. Retained earnings are not a source of capital.
T/F 5 . The FED usually lowers interest rates if there is a fear of inflation.
- Explain why the cost of debt is lower than the cost of capital?
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