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    Exam 21: Capital Investment Decisions and the Time Value of Money
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    When a Company Is Evaluating an Investment with Discounted Cash
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When a Company Is Evaluating an Investment with Discounted Cash

Question 63

Question 63

True/False

When a company is evaluating an investment with discounted cash flows, if the investment has a higher risk, the company will use a lower discount rate, and vice versa.

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