Question
The use of WACC to select investments is acceptable when the: A. correlations of all new projects are equal. B. NPV is positive when discounted
The use of WACC to select investments is acceptable when the:
A. correlations of all new projects are equal.
B. NPV is positive when discounted by the WACC.
C. risks of the projects are equal to the risk of the firm.
D. firm is well diversified and the unsystematic risk is negligible
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Financial Management Principles And Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
13th Global Edition
1292222182, 978-1292222189
