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Which one of the following is a capital budgeting decision? Select one: O a. determining how many shares of stock to issue O b. deciding

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Which one of the following is a capital budgeting decision? Select one: O a. determining how many shares of stock to issue O b. deciding how to refinance a debt issue that is maturing O c. determining how much inventory to keep on hand% d. deciding whether or not to purchase a new machine for the production line The NPV method: Select one: O a. is consistent with the goal of shareholder wealth maximization, O b. recognizes the time value of money. c. all of the above. d. uses cash flows

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