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Which of the following statements about capital budgeting is correct ? A. The timing of cash flows is irrelevant in capital budgeting B. Proceeds forgone
Which of the following statements about capital budgeting is correct?
A. The timing of cash flows is irrelevant in capital budgeting
B. Proceeds forgone because a company used a building in a new project, rather than selling the building, is a relevant cost for capital budgeting
C. A company should use the same discount rate for all of its projects regardless of their risk
D.Interest expense on an outstanding loan is a relevant cost for capital budgeting
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