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As the cost of capital (or WACC) increases, what happens to a typical project's NPV? A. Increases in the beginning and decreases afterwards B. Decreases

As the cost of capital (or WACC) increases, what happens to a typical project's NPV?

A.

Increases in the beginning and decreases afterwards

B.

Decreases

C.

Cost of capital (WACC) has no impact on the NPV

D.

Increases

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