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As the explicit risk of a project increases, the risk adjusted average cost of capital should be A) Increased, resulting in a greater NPV B)
As the explicit risk of a project increases, the risk adjusted average cost of capital should be
A) Increased, resulting in a greater NPV
B) Decreased, resulting in a greater NPV
C) Increased, resulting in a lower NPV
D) Decreased, resulting in a lower NPV
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