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1.If a company decides to use its WACC (weighted average cost of capital) for all projects, which of these is false? a.A risky new venture
1.If a company decides to use its WACC (weighted average cost of capital) for all projects, which of these is false?
a.A risky new venture will be treated the same way as a low risk equipment replacement
b.The company might incorrectly accept relatively risky projects
c.This policy is okay as long as the project has a positive NPV
d.The company might incorrectly reject relatively low risk projects
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