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1. The fewer spontaneous liabilities a firm has, the greater its need for additional funds will be, all else equal. True False 2. The =NPV(
1. The fewer spontaneous liabilities a firm has, the greater its need for additional funds will be, all else equal.
True
False
2. The =NPV( ) and =IRR( ) capital budgeting functions in Excel both use ALL of a projects cash flows, starting with the current period (CF0).
True
False
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