The use of risk-adjusted discount rates is based on the concept that investors require a higher rate

of return for more risky projects.

Indicate whether the statement is true or false

TRUE

Business

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The economic order quantity formula balances the cost of ordering an item against the cost of

storing an item. Indicate whether the statement is true or false

Business

Municipal bond mutual funds are primarily for investors seeking

A) ongoing interest income cash flow. B) income free of federal taxes. C) income free of state taxes. D) Both A and B are correct.

Business