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36-
Improvement in the effectiveness of capital allocation with the help of competitive mechanism is a function of the money market.
Select one:
a. False
b. True
37-
is the process of evaluating and selecting long-term investments that are consistent with a firm's goal of maximizing owners' wealth?
Select one:
a. Securitization
b. Ratio analysis
c. Recapitalizing assets
d. Capital budgeting
39-
One strength of payback period is that it fully accounts for the time value of money.
Select one:
a. True
b. False
40-
One weakness of the payback period approach is its failure to recognize cash flows that occur after the payback period
Select one:
a. True
b. False
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