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    Fundamentals of Corporate Finance Study Set 22
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    Exam 11: Project Analysis and Evaluation
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    You Have Put Together a Set of Cash flOw Forecasts
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You Have Put Together a Set of Cash flOw Forecasts

Question 401

Question 401

True/False

You have put together a set of cash flow forecasts for a project and have found, on your first
calculation, that the NPV is positive. You should accept the project because you are certain to
increase shareholder wealth.

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