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Which of the following about flotation costs is least correct? Increase the WACC for the project Decrease the NPV of the project Increase the initial
- Which of the following about flotation costs is least correct?
- Increase the WACC for the project
- Decrease the NPV of the project
- Increase the initial cost of the investment
- The discount rate used in capital budgeting should equal the
- Weighted average cost of capital
- Market rate of return
- A risk adjusted weighted average cost of capital
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