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Which of the following investment decision rules (if any) assumes that the cash flows generated are reinvested over the life of the project at the
| Which of the following investment decision rules (if any) assumes that the cash flows generated are reinvested over the life of the project at the firm's cost of capital? | ||||||||||||||
| A | none of these | |||||||||||||
| B | payback period | |||||||||||||
| C | acconting rate of return | |||||||||||||
| D | internal rate of return | |||||||||||||
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
9th Edition
0321598903, 978-0321598905
