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Which of these is a true statement? When a project is undertaken it should have an IRR that is below your risk adjusted discount rate.

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Which of these is a true statement? When a project is undertaken it should have an IRR that is below your risk adjusted discount rate. Sunk costs should always be included when evaluating an opportunity. Project specific risk should be used to discount cash flows rather than company level risk. A company will always accept the project with the highest possible return. O Risk should not be accounted for in capital budgeting projects

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