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QUESTION 12 You are the CEO of an oil and gas company. Under the firm's current capital structure, the WACC is 14%. An investment banker

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QUESTION 12 You are the CEO of an oil and gas company. Under the firm's current capital structure, the WACC is 14%. An investment banker from New York calls you and tells you about a diary farm investment and sends you the FCF projections. **True or False** To evaluate the NPV of this project, you should discount the FCF of the diary farm project using your firm's WACC. True False QUESTION 13

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