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The NPV of a project with an initial investment of $1,000 that provides after-tax operating cash flows of $300 per year for four years where

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The NPV of a project with an initial investment of $1,000 that provides after-tax operating cash flows of $300 per year for four years where the firm's cost of capital is 15 percent is $856.49. O True False Unsystematic risk A. cannot be estimated O B. can be eliminated through diversification O C. does not change OD. affects all firms in a market

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