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Rate the following statement as TRUE or FALSE. As an investor evaluating the stock of a large conglomerate company (such as GE) for investment, it's

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Rate the following statement as "TRUE" or "FALSE". "As an investor evaluating the stock of a large conglomerate company (such as GE) for investment, it's actually okay if I am unconcerned about the company's differing divisional WACC estimates, as I can simply value the firm at the entire company level with a company wide discount rate (WACC)". TRUE FALSE

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