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A major disadvantage of the risk-adjusted discount rate approach is that it: a. can lead to selecting only above-average risk projects b. provides the decision
A major disadvantage of the risk-adjusted discount rate approach is that it: a. can lead to selecting only above-average risk projects b. provides the decision maker with a range of numbers c. can lead to selecting only below-average risk projects d. is difficult to estimate the appropriate risk premium for a project
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