a A firm invests in a project that is expected to earn a return of 12 percent If the appropriate cost of capital is also 12 percent, did the firm make the right decision Explain b What is the impact on the firm if it accepts a project with a negative NPV

Question: a. A firm invests in a project that is expected to earn a return of 12 percent. If the appropriate cost of capital is also

a. A firm invests in a project that is expected to earn a return of 12 percent. If the appropriate is also 12 percent, did the firm make the right decision? Explain.
b. What is the impact on the firm if it accepts a project with a negative NPV?

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