o discerning a precise hurdle rate ? In what ways might you
What are some obstacles to discerning a precise hurdle rate ? In what ways might you adjust your hurdle-rate calculations to compensate for real-world imprecision? What kinds of bias to the decision might those adjustments cause? Can you think of an instance when a capital project projection might satisfy the hurdle-rate requirements, but the project would be rejected anyway? What other criteria impact the decision?
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