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The standard benchmark measure used for the cost of funds in the London Market is:
A. Base Rate
B. LIBOR
C. LIBID
D. UMEAN
Answer: D
NEW QUESTION: 3
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A. Cost aggregation and parametric estimation is a tool/ technique of cost budgeting process
B. Parametric estimating is an estimating technique using project characteristics/ parameters to estimate the total project costs
C. Analogous estimating is a form of expert judgment and is generally less accurate than other techniques, but is also costly.
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