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When a company uses return on investment as a performance metric, managers have an incentive to invest only in projects that have a return on

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When a company uses return on investment as a performance metric, managers have an incentive to invest only in projects that have a return on investment that is less than the cost of capital of the segment or division O that have a return on investment that exceeds the cost of capital of the segment or division O that increase the return on investment of the segment or division O that decrease the return on investment of the segment or division

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