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Using the weighted average cost of capital as the required rate of return for every project will A. cause a firm to reject projects that
Using the weighted average cost of capital as the required rate of return for every project will
| A. | cause a firm to reject projects that should have been accepted. | |
| B. | cause a firm to accept projects that were too risky. | |
| C. | result in maximization of shareholder wealth. | |
| D. | A and B above |
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
