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Complete Case details are given below :
Case Name : Lex Service PLC: Cost of Capital
Authors : W. Carl Kester, Kendall Backstrand
Discipline : Finance
Case Length : 21 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Lex Service company has grown into a large multidivisional company with a substantial capital budget. In 1993, the board was reviewing its capital budgeting procedures. Specifically, it sought to determine the company's cost of capital and whether it should use different hurdle rates for different divisions.
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