Question
Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? *A project's NPV increases as the cost of
Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?
*A project's NPV increases as the cost of capital declines.
* A project's MIRR is unaffected by changes in the cost of capital.
*A project's regular payback increases as the cost of capital declines.
*A project's discounted payback increases as the cost of capital declines.
* A project's IRR increases as the cost of capital declines.
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
