Which of the following statements regarding capital budgeting analysis is not most correct? ...
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Accounting
Which of the following statements regarding capital budgeting analysis is not most correct?
| NPV assumes reinvest at the opportunity cost of capital. | ||
| IRR assumes reinvest at IRR. | ||
| Reinvest at opportunity cost, r, is more realistic, so NPV method is best. | ||
| None of the above statements is correct. |
TIA
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