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If a firm uses the same weighted average cost of capital for evaluating all projects, which situation(s) will likely occur? I) The firm will reject

If a firm uses the same weighted average cost of capital for evaluating all projects, which situation(s) will likely occur? I) The firm will reject good low-risk projects; II) The firm will accept poor high-risk projects; III) The firm will correctly accept projects with average risk

a.) I, II, and III

b.) I and II only

c.) II only

d.) I only

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