WHEN THINKING ABOUT A PROJECT, A. IF IT IS POSSIBLE TO FINANCE THE...

19. When thinking about a project, a. If it is possible to finance the project entirely with debt, the project will have a higher APV than if all equity financed, since the return on debt is lower than the return on equity. b. It is never appropriate to think of the project as being financed separately from the way the firm is financed. c. Depreciation should always be ignored since it is a non cash item. d. None of the above