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Which of the following statements are incorrect? a) Capital budgeting focuses on short term capital decisions b) NPV considers all CFs, TVM, adjusts for risk,
Which of the following statements are incorrect?
a) Capital budgeting focuses on short term capital decisions
b) NPV considers all CFs, TVM, adjusts for risk, can rank mutually exclusive projects.
c) NPV is the difference between the market value of an investment and its cost.
d) Capital budgeting includes tangible & intangible assets
e) If a project's NPV is positive, you should accept a project
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