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True or False: As long as a firm has debt financing, is focused in a single industry, and is considering a project in that same
True or False: As long as a firm has debt financing, is focused in a single industry, and is considering a project in that same industry, it is never appropriate to use the firm's weighted average cost of capital WACC to perform capital budgeting analysis on the project. Only the security market line equation can be used.
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