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    Practical Financial Management Study Set 1
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    Exam 12: Risk Topics and Real Options in Capital Budgeting
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    The Certainty Equivalent Approach Uses the Cost of Capital as the Appropriate
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The Certainty Equivalent Approach Uses the Cost of Capital as the Appropriate

Question 26

Question 26

True/False

The certainty equivalent approach uses the cost of capital as the appropriate discount rate.

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