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Which of the following statements is false?

Which of the following statements is false?


[A]Capital expenditure benefits accrue over a long term
[B]Net present value uses cost of capital as the discounting rate
[C]Internal rate of return considers the time value of money
[D]If the benefit-cost ratio is equal to one, the equity shareholders can be said to have earned more than expected return

Dec 31 2017 View more View Less

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