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a. The bid price is the maximum price that a firm should bid. b. A firm can submit a bid that is higher than the
a. The bid price is the maximum price that a firm should bid. b. A firm can submit a bid that is higher than the computed bid price and still break even. c. A bid price ignores taxes. d. A bid price should be computed based solely on the operating cash flows of the project. e. A bid price should be computed based on a zero percent required rate of return
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