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Using a company's WACC to evaluate a project is: I) always correct; II) always incorrect; III) correct for projects that have average risk compared to
Using a company's WACC to evaluate a project is: I) always correct; II) always incorrect; III) correct for projects that have average risk compared to the firm's other assets
a.) II only
b.) I and III only
c.) III only
d.) I only
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