Question
Assume a project has normal cash flows. Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?All else
Assume a project has normal cash flows. Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?All else equal, which of the following statements is CORRECT?
projects MIRR is unaffected by changes in the WACC.
A projects NPV increases as the WACC declines.
A projects regular payback increases as the WACC declines.
A projects IRR increases as the WACC declines.
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Public Finance
Authors: Harvey S Rosen, Ted Gayer
9th International Edition
0071267883, 9780071267885
