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19. In capital budgeting the IRR is a hurdle rate for potential new projects. a. True b. False 20. There is one target (optimal) capital

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19. In capital budgeting the IRR is a hurdle rate for potential new projects. a. True b. False 20. There is one target (optimal) capital structure for each firm throughout its life. a. True b. False 21. Which of the following is TRUE? a. Coupon Rate > YTM Discount b. Coupon Rate

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