A positive net present value means that the: (a) projects rate of return is less than the

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A positive net present value means that the:

(a) project’s rate of return is less than the cutoff rate.

(b) project’s rate of return exceeds the required rate of return.

(c) project’s rate of return equals the required rate of return.

(d) project is unacceptable.

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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