Your firm currently supplies audio equipment to car manufacturers. You are thinking about expanding into the home retail market, selling high-quality stereo components directly to consumers. Describe how you would estimate th

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
Problem 20DQ
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Your firm currently supplies audio equipment to car manufacturers. You are thinking about expanding into the home retail market, selling high-quality stereo components directly to consumers. Describe how you would estimate the cost of capital for this expansion. Specifically, what information do you need and how you would estimate it?

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