Question: 12.3 Capital Budgeting Challenges and Refinements Sensitivity analysis includes: 1. Using a lower discount rate for more current cash flows and a higher discount rate

 12.3 Capital Budgeting Challenges and Refinements Sensitivity analysis includes: 1. Using

12.3 Capital Budgeting Challenges and Refinements Sensitivity analysis includes: 1. Using a lower discount rate for more current cash flows and a higher discount rate for more distant cash flows 2. Using only cash flows that are certain to be received O Both 1 and 2 O Neither 1 nor 2 O 1 only O 2 only

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