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Business, 19.12.2021 23:20 lilkassrocks

As a generality, if a firm uses its overall WACC as the discount rate for all of projects that it considers, then over time the firm will tend to: I. reject some positive net present value projects. II. accept some negative net present value projects. III. favor high risk projects over low risk projects. IV. increase its overall level of risk over time.

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