9. A company increases its cost of capital from 15% to 20%. What impact does this have
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9. A company increases its cost of capital from 15% to 20%. What impact does this have on a project it is considering?
& Increases the NPV of the project
& Reduces the NPV of the project
& No impact on the NPV of the project
& Increases the life of the project
& Reduces the initial capital needed to fund the project
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