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tmason tmason
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2 months ago
If a firm uses a constant WACC to select investments projects, it

▸ will not reject positive NPV low-risk projects.

▸ may cause the market price of its debt and equity securities to decline.

▸ will always make appropriate decisions.

▸ will not accept negative NPV high-risk projects.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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mkql12mkql12
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2 months ago
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tmason Author
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2 months ago
Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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Thanks
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