Question
Which of the following capital budgeting techniques assumes that funds recieved periodically during the course of a project are reinvested by the firm at the
Which of the following capital budgeting techniques assumes that funds recieved periodically during the course of a project are reinvested by the firm at the firm's cost of capital?
A.payback. (using non discounted cash flows)
B. IRR.
C. NPV.
D. Both B and C.
E. A, B and C all assume reinvestment at the cost of capital.
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue, Jonathan Fox
14th Edition
0357901495, 9780357901496
