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Business, 02.04.2020 02:33 kaiyah2021

Ben cartwright runs the wild west wax museum in carson city, nevada. the museum has been in business for 40 years and is a major tourist attraction. the total value of themuseum's capital stock is $3.5 million, which ben owns outright. this year, the museum earned a total of $1.4 million after out-of-pocket expenses. without taking the opportunitycost of capital into account, this means that ben is earning a 40 percent return on his capital. suppose that risk-free bonds are currently paying a rate of percent to those whobuy them.6what is meant by the "opportunity cost of capital"?

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