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If risk associated with a projects future CFs declines, this decline in risk can be reflected by a __________ discount rate to be used in
If risk associated with a projects future CFs declines, this decline in risk can be reflected by a __________ discount rate to be used in the NPV analysis of the project.
A. | Unknown | |
B. | Larger | |
C. | Same | |
D. | Smaller | |
E. | Clever |
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