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Capital budgeting analyses typically assume a constant cost of capital, even though the analysts know it will change. One reason for this practice is that:

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Capital budgeting analyses typically assume a constant cost of capital, even though the analysts know it will change. One reason for this practice is that: Seleccione una: a. the changes are too small to affect the decision. O b. a constant cost of capital is the most conservative assumption. O c. the changes are unpredictable. d. NPV calculations do not allow more than one discount rate

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