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Which of the below is NOT a weakness of the internal rate of return criterion for evaluating capital budgeting projects? Select one: O a. It

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Which of the below is NOT a weakness of the internal rate of return criterion for evaluating capital budgeting projects? Select one: O a. It doesn't provide a dollar measure of the value created by the project so it is difficult to use it to measure a project's impact on the value of the company. b. It doesn't provide a valid accept/reject rule for stand-alone projects. c. It doesn't provide a valid accept/reject rule for mutually exclusive projects. O d. It could lead multiple solutions leaving it unclear which value to use. Which of the following statements is correct? Select one: a. An increase in the market risk premium is likely to increase the weighted average cost of capital b. The weighted average cost of capital is calculated on an after-tax basis. c. All of these statements are correct. d. The weights of debt and equity should be based on market values because this is the

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