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Use the Following Two Statements to Answer This Question

Question 20

Multiple Choice

Use the following two statements to answer this question:


A) I and II are correct.
B) I and II are incorrect.
C) I is correct, II is incorrect.
D) I is incorrect, II is correct.
I.DCF methodologies are techniques for making capital expenditure decisions that are consistent with the overriding objective of maximizing shareholder wealth.
II.DCF valuation involves estimating future cash flows and comparing their present values with investment outlays required today.

Correct Answer:

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