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Question 12.PMCQ.5: (LO 2) Which is a true statement regarding using a higher di...

(LO 2) Which is a true statement regarding using a higher discount rate to calculate the net present value of a project?
a. It will make it less likely that the project will be accepted.
b. It will make it more likely that the project will be accepted.
c. It is appropriate to use a higher rate if the project is perceived as being less risky than other projects being considered.
d. It is appropriate to use a higher rate if the project will have a short useful life relative to other projects being considered.

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