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Which of the statements below is TRUE regarding capital budgeting? i. Projects with NPVs greater than the IRR should be accepted. ii. Capital budgeting deals
Which of the statements below is TRUE regarding capital budgeting? i. Projects with NPVs greater than the IRR should be accepted. ii. Capital budgeting deals with how much to apportion spending on current assets. iii. We can find a project's NPV by simply taking the product of all of the project's undiscounted cash flows. iv. Ceteris paribus, a lower cost of capital would increase a project's NPV
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