Which of the following is a step or are steps in a capital


Which of the following is a step (or are steps) in a capital investment financial analysis?

a. Estimate the project’s cash flows

b. Assess the project’s riskiness

c. Estimate the project cost of capital (discount rate)

d. Measure the financial impact

e. All of the above

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Financial Management: Which of the following is a step or are steps in a capital
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