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Question 26 1 pts Hard rationing is defined as the situation that exists when a company: Allocates certain funds to each business unit for capital

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Question 26 1 pts Hard rationing is defined as the situation that exists when a company: Allocates certain funds to each business unit for capital budgeting Has more projects with positive net present values than it wishes to fund. Has two mutually exclusive projects with the same internal rate of return O Cannot raise capital for new projects under any circumstances, Has no projects with positive net present values. Question 27 1 pts Including the option to expand in your project analysis will tend to: Increase the cash flows of a project but decrease the project's net present value. O Increase the net present value of a project. Extend the duration of a project but not affect the project's not present value. Decrease the net present value of a project. Have no effect on either a project's cash flows or its net present value

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