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rsteel rsteel
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5 months ago
Which one of the following statements is NOT true?

▸ A pending drug patent can be used as collateral.

▸ Capital budgeting is a dynamic process and depends on changing conditions.

▸ Capital expenditures in good projects will increase the value of the firm.

▸ A change in interest rates is not important enough to change a decision about a project.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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owenutonowenuton
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5 months ago
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