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vikingblood vikingblood
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A month ago
Which of the following is NOT true when a firm faces capital budget constraints?

▸ Independent projects that generate positive NPVs may not be accepted.

▸ All the projects listed on its investment opportunity schedule until the IRR equals its WACC will be accepted.

▸ Investment capital must be rationed among available investment projects.

▸ Capital rationing prevails.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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miil41miil41
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A month ago
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vikingblood Author
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A month ago
Good timing, thanks!
veronee_madison
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Yesterday
Helped a lot
kamikazekota
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2 hours ago
Brilliant ツ
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