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 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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