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a. b. 14.A firm's Weighted Average Cost of Capital, WACC: Should always be used to evaluate any project proposal Is a good benchmark discount rate

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a. b. 14.A firm's Weighted Average Cost of Capital, WACC: Should always be used to evaluate any project proposal Is a good benchmark discount rate for typical projects of the company, but can be adjusted for the riskiness of a given project Should be used to evaluate past investments of the firm only d. Is for informational value only and should not be used for investment decisions C

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