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A firms WACC can be correctly used to discount the expected cash flows of a new project when that project will: A) Be financed solely
A firms WACC can be correctly used to discount the expected cash flows of a new project when that project will:
A) Be financed solely with internal equity
B) Be financed solely with new debt and internal equity
C) be financed based on the firms current debt-equity ratio.
D) have the same level of risk as the firms current operations
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