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    Financial Management Theory and Practice Study Set 1
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    Exam 11: Cash Flow Estimation and Risk Analysis
  5. Question
    It Is Extremely Difficult to Estimate the Revenues and Costs
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It Is Extremely Difficult to Estimate the Revenues and Costs

Question 43

Question 43

True/False

It is extremely difficult to estimate the revenues and costs associated with large,complex projects that take several years to develop.This is why subjective judgment instead of a discounted cash flow analysis is recommended for such projects.

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