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1n Which of the statements below describes the correct capital budgeting A) Accept a project if the cost of capital is greater than the NPV

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1n Which of the statements below describes the correct capital budgeting A) Accept a project if the cost of capital is greater than the NPV a project if the cost of capital exceeds the I decision rule? Accept a project if the NPV is greater than the IRR D) Reject a project if the cost of capital is less than the NPV 2) A project has the following cash flows for years zero through 3, respectively: -$2,500, s900, $1,300, $850. Is 7.00% the IRR for this project? No, the IRR is above 700%. es, the IRR is 7.00%. No, the IRR is below 7.00%. D) There is not enough information provided to answer this question. 3) Suppose a company will by in hnsiniss for only the next 15 years and pays an annual dividend of $2.10 for only those fifteen years? What is the present value of a share ot stock-for thia cempany if we want a 1 on the stock? A) $1797 D) $16.97 5.97 C) $18.97

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