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Estimating project cash flows is generally the most important, but also th most difficult step in the capital budgeting process. Yet, methodology, such as the
Estimating project cash flows is generally the most important, but also th most difficult step in the capital budgeting process. Yet, methodology, such as the use of NPV verses IRR, is more important, than obtaining a reasonably accurate estimate of projects caash flows. True or False?
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