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pompa pompa
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7 years ago
In applying risk-adjusted discount rates to project selection, projects falling above the SML would have a negative NPV and those falling below the SML would have a positive NPV.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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7 years ago
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7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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