Question: Identify the following statement regarding the net present value method used in capital budgeting that is not true: it uses a discount rate to perform
Identify the following statement regarding the net present value method used in capital budgeting that is not true:
it uses a discount rate to perform present value calculations.
it considers the time value of money.
it calculates the present value of future cash flows.
it calculates the proposal's rate of return.
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