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Companies with high ratios of fixed costs to project values tend to have high betas.
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- If any, which of the following does NOT have the potential to increase the net present value of a proposed investment?A. The ability to immediately shut down a project should the project become unprofitableB. The ability to wait until the economy improves before making the investmentC. The option to increase production beyond that initially projectedD. All of the above have the potential to increase the NPV of a proposed investment
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