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Capital budgeting is similar to security valuation because both concepts: a. discounts the cash flows at the required rate of return b. use discounted cash
Capital budgeting is similar to security valuation because both concepts: a. discounts the cash flows at the required rate of return b. use discounted cash flow valuation method c. All of the above statements are true d. compares the PV of future cash flows to the investment cost in making investment decision
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