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Which of the statements below is TRUE regarding CAPITAL BUDGETING? A. Capital budgeting deals with...

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Finance

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Which of the statements below is TRUE regarding CAPITAL BUDGETING? A. Capital budgeting deals with how much debt and how much inventory a firm should have. B. Ceteris paribus, a higher cost of capital would reduce a project's NPV. C. The NPV tells us the expected percent impact of a proposed project on the value of the firm. D. The capital budgeting rule is to reject a project if its IRR is less than its NPV

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