The net present value of an investment is independent of the firm's cost of capital.
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Q17: A high cost of capital favors investments
Q18: A decrease in interest rates decreases the
Q19: If the cost of capital exceeds the
Q20: The net present value assumes that cash
Q21: A higher standard deviation for an investment's
Q23: If an investment is riskier, using a
Q24: Certainty equivalents adjust an investment's cash outflows
Q25: If the cost of capital rises, an
Q26: Greater risk is associated with larger beta
Q27: One type of risk adjustment alters the
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