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NEW QUESTION: 1
Assume a project has normal cash flows (i.e., the initial cash flow is negative, and all other cash flows are positive). Which of the following statements is most correct?
A. None of the answers are correct.
B. All else equal, a project's NPV increases as the cost of capital declines.
C. All else equal, a project's MIRR is unaffected by changes in the cost of capital.
D. All of the answers are correct.
E. All else equal, a project's IRR increases as the cost of capital declines.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Since the present value of each cash flow is discounted at the project's cost of capital, the NPV will increase as the cost of capital declines, and the NPV will decline as the cost of capital increases. This relationship is plotted on the net present value profile.

NEW QUESTION: 2
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C. Steel cable ties
D. Tie wraps
E. Steel or plastic straps
Answer: D

NEW QUESTION: 3
IDV can only use special terminals, mobile devices cannot support
A. False
B. True
Answer: B

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