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Which of the following is a correct advantage of a capital budgeting criteria? The payback rule ignores the TVM. The payback rule requires a cutoff
Which of the following is a correct advantage of a capital budgeting criteria?
| The payback rule ignores the TVM. |
| The payback rule requires a cutoff hurdle be set. |
| The NPV discounts future cash flows at the WACC. |
| Multiple IRRs provide a broader perspective. |
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
