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Terminal value assumptions can lead to bad capital budgeting decisions because: a. nothing lasts forever. b. almost all growth assumptions are unreasonable. c. almost any

Terminal value assumptions can lead to bad capital budgeting decisions because: a. nothing lasts forever. b. almost all growth assumptions are unreasonable. c. almost any project can be made to look good with an aggressive terminal value assumption. d. the mathematics are tricky and difficult to understand.

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