Which of the following is not true with reference to capital budgeting?
| A. | Capital budgeting is related to asset replacement decisions. |
| B. | Cost of capital is equal to minimum required return. |
| C. | Existing investment in a project is not treated as sunk cost. |
| D. | Timing of cash flows is relevant. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
