70. Which of the following capital budgeting techniques implicitly assumes that the cash flows are reinvested at the company’s minimum required rate of return? Net present value Time-adjusted rate of return a. Yes Yes b. Yes No c. No Yes d. No No

Managerial Accounting
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70. Which of the following capital budgeting techniques implicitly assumes that the cash flows are reinvested at the company’s minimum required rate of return? Net present value Time-adjusted rate of return a. Yes Yes b. Yes No c. No Yes d. No No

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