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    Principles of Corporate Finance Study Set 3
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    Exam 9: Risk and the Cost of Capital
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    Risky Projects Can Be Evaluated by Discounting Certainty Equivalent Cash
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Risky Projects Can Be Evaluated by Discounting Certainty Equivalent Cash

Question 46

Question 46

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Risky projects can be evaluated by discounting certainty equivalent cash flows at the risk-free interest rate.

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