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tweb28 tweb28
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2 months ago
Which of the following is NOT appropriate for estimating the cash flows associated with capital expenditure decisions?

▸ Use after-tax cash flows with an after-tax discount rate.

▸ Discount nominal cash flows with nominal discount rates, and real cash flows with real discount rates.

▸ Include associated interest and dividend payments.

▸ Use the marginal or incremental cash flows arising from capital budgeting decisions.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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bodie1980bodie1980
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tweb28 Author
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Smart ... Thanks!
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this is exactly what I needed
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Brilliant
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