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Which of the following best describes the consequences of using a hurdle rate that is too high. No impact on capital budgeting Potential to accept
Which of the following best describes the consequences of using a hurdle rate that is too high.
No impact on capital budgeting
Potential to accept projects that would be negative NPV with the correct hurdle rate
Potential to reject projects that would be positive NPV with the correct hurdle rate
All of the above
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