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19. The appropriate discount rate that analysts use in computing the present value of future cash flows is comprised of which of the following: a.
19. The appropriate discount rate that analysts use in computing the present value of future cash flows is comprised of which of the following: a. an increase reflecting the inflation expected to occur over the life of the project. b. a risk factor reflecting the riskiness of the project c. a pure rate of interest reflecting the productive capability of capital assets d. all of the above
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