When the risk of a proposed capital budgeting project differs from the risk of the...
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Accounting
When the risk of a proposed capital budgeting project differs from the risk of the existing firm, an acceptable procedure to evaluate the projects is:
Group of answer choices
Use a risk-adjusted discount rate
Adjust the IRR upward
Reject the project
Compute the NPV using the firms cost of capital
Use the PI to evaluate the projects
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