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Which of the following statements is FALSE? The market value of any form in an efficient market should equal the present value of its aspected

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Which of the following statements is FALSE? The market value of any form in an efficient market should equal the present value of its aspected after tax cash flows. o Because of the competitive nature of today's business environment, we would not expect to set as abundance of positive NPV opportunities to persist for very long. O Projects that produce an NPV of zero should be rejected. Positive NPVs arise only in situations in which a company has a competitive advantage

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