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Flaco69 Flaco69
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A month ago
Which of the following is correct with respect to working capital and capital budgeting?

▸ Working capital has a different discount rate.

▸ Working capital does not affect cash flow.

▸ Working capital is assumed to be recuperated at the end of the life of the project.

▸ Working capital is ignored in the capital budget.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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carolyne254carolyne254
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A month ago
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