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What is most likely to be the consequence if GM uses its WACC to evaluate...

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Accounting

What is most likely to be the consequence if GM uses its WACC to evaluate its electric car project? NPV of the project is likely to be overestimated. NPV of the project is likely to be underestimated. NPV of the project is likely to be accurately estimated. NPV of the project is likely to be inaccurately estimated, but its hard to predict whether it would be an overestimation or underestimation. None of the above choices is correct

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