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A firm should continue to invest in capital budgeting projects until its marginal cost of capital is: A equal to the net present value (NPV)
A firm should continue to invest in capital budgeting projects until its marginal cost of capital is:
A | equal to the net present value (NPV) of the last project purchased |
B | equal to the internal rate of return (IRR) of the first project purchased |
C | equal to the marginal return generated by the last project purchased |
D | equal to the cash generated by the last project purchased |
E | equal to the weighted average cost of all the projects purchased |
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