True or false? The APV method a. Starts with a base-case value for the project. b. Calculates
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True or false? The APV method
a. Starts with a base-case value for the project.
b. Calculates the base-case value by discounting project cash flows, forecasted assuming all-equity financing, at the WACC for the project.
c. Is especially useful when debt is to be paid down on a fixed schedule.
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