Which of the following statements is false?
a. All risk can be diversified away.
b. Measuring a project’s risk is difficult.
c. Projects should focus on incremental cash flows.
d. Taxes play a significant role in project analysis.
a. All risk can be diversified away.
b. Measuring a project’s risk is difficult.
c. Projects should focus on incremental cash flows.
d. Taxes play a significant role in project analysis.
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