C-07-Q090mediumsingle_mcq
Aryan Company chose a bank loan (after-tax cost 9.1%) instead of withdrawing the provision fund (opportunity cost 10%). The decision is —
Aryan Company chose a bank loan (after-tax cost 9.1%) instead of withdrawing the provision fund (opportunity cost 10%). The decision is —
- airrational
- brational because the loan is cheaper
- cno different from withdrawing
- dimpossible to evaluate