(Step-by-Step) Other things being equal, the higher the cost of capital: _____ the higher the NPV of the project. _____ the higher the IRR of the project.
Question: Other things being equal, the higher the cost of capital:
- _____ the higher the NPV of the project.
- _____ the higher the IRR of the project.
- _____ the lower the NPV of the project.
- _____ the cost of capital has no effect on the NPV of the project.
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