Firms raise capital at the total corporate level by retaining earnings and by obtaining funds in the capital markets. they then provide funds to their different divisions for investment in capital projects. the divisions may vary in risk, and the projects within the divisions may also vary in risk. therefore, it is conceptually correct to use different risk-adjusted costs of capital for different capital budgeting projects. true or false?

Dakota company experienced the following events during 2016. 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provided services for $20,000 cash. 5. paid $1,000 cash for utilities expense. 6. paid $15,000 cash for other operating expenses. 7. paid a $2,000 cash dividend to the stockholders. 8. determined that the market value of the land purchased in event 2 is now $12,700