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Which one of the following is true? Forecasting risk is defined as the possibility that incorrect decisions will be made due to erroneous cash flow

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Which one of the following is true? Forecasting risk is defined as the possibility that incorrect decisions will be made due to erroneous cash flow projections. O Forecasting risk is defined as the possibility that tax rates could change over the life of a project. O Municipal bonds are taxable for federal, state and local taxes. The key means of defending against forecasting risk is to ignore any potential salvage value that might be realized. O Treasury issues are exempt from federal income taxes but not state income taxes

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