In contrast to cost of capital, financial capital does what?
i1.s the combination of debt and equity reflects the firm's financial leverage
2.refers to the debt and equity claims making up the liability side
3.is a decision variable in financial planning

2.Refers to the debt and equity claims making up the liability side

Explanation:

The cost of capital is the cost of the owners of the business gives to their investment

While the financial capital is the investment made for third parties in exchange of interest yields. Also it may be convertible to equity if preferred for the investor or based on terms in the contract.

15

explanation:

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy