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Author Question: Sunk costs are A) not deductible for tax purposes. B) not relevant in capital budgeting. C) ... (Read 60 times)

magmichele12

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on: Jul 10, 2018
Sunk costs are
 
  A) not deductible for tax purposes. B) not relevant in capital budgeting.
  C) incremental. D) recoverable.

Question 2

If a project has multiple internal rates of return, the lowest rate should be used for decision-making
  purposes.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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voltaire123

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


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