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    Intermediate Financial Management Study Set 2
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    Exam 12: Capital Budgeting: Decision Criteria
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    Given Two Mutually Exclusive Projects and a Zero Cost of Capital
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Given Two Mutually Exclusive Projects and a Zero Cost of Capital

Question 69

Question 69

True/False

Given two mutually exclusive projects and a zero cost of capital, the payback method and NPV method of selecting investments will always lead to the same decision on which project to undertake.

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