hich of the following statements is FALSE? Question 5Select one: a....

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Finance

hich of the following statements is FALSE?
Question 5Select one:
a.
The growing annuity model is a stream of cash flows that occurs at regular intervals and grows at a constant rate over a finite number of periods.
b.
The minimum possible return on a share is 0%.
c.
A corporate manager is deciding whether or not to open a new gold mine. This decision is a capital budgeting decision.
d.
The internal rate of return (IRR) is a useful tool because it measures the sensitivity of the net present value (NPV) to estimation error in the cost of capital.

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