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1.-. If a project with conventional cash flows has a payback period less than its life, Can you definitely state the algebraic sign of the

1.-. If a project with conventional cash flows has a payback period less than its life, Can you definitely state the algebraic sign of the NPV? Why or why not?

2.-. On the most basic level, if a firm's WACC is 12 percent, what does this mean?

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