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7. The capital budgeting process begins by ________. A) analyzing alternate projects B) evaluating the net present value (NPV) of each project's cash flows C)

7. The capital budgeting process begins by ________.

A) analyzing alternate projects

B) evaluating the net present value (NPV) of each project's cash flows

C) compiling a list of potential projects

D) forecasting the future consequences for the firm of each potential project

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