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Which of the following statements is correct? Select one: a. In a capital budgeting analysis where part of the funds used to finance the project
Which of the following statements is correct? Select one: a. In a capital budgeting analysis where part of the funds used to finance the project are raised as debt, failure to include interest expense as a cost in the cash flow statement when determining the project's cash flows will lead to an upward bias in the NPV. b. The preceding statement would be true if "upward" were replaced with "downward". c. The existence of
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