28
(Choose 1 answer)
(20524)The capital market may not be able to fund all of a firm's positive NPV project because
A. the capital market will always speculate that it is not going to get a fair return.
B. even the capital market has a constraint for the amount of capital that it can supply a firm.
C. it can be difficult for outside investors to accurately assess the risks and returns associated with the firm's projects.
D. none of these.
