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The corporate cost of capital provides a benchmark for determining a project's cost of capital. In general, projects that are riskier than average must have

The corporate cost of capital provides a benchmark for determining a project's cost of capital. In general, projects that are riskier than average must have a cost of capital that is higher than the corporate cost of capital, while projects that are less risky than average must have a cost of capital that is less than the corporate cost of capital. True False

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