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1 A non-conventional cash flow pattern associated with capital investment projects consists of an initial a. outflow followed by a series of both cash inflows

1

A non-conventional cash flow pattern associated with capital investment projects consists of an initial

a. outflow followed by a series of both cash inflows and outflows.

b. inflow followed by a series of both cash inflows and outflows.

c. outflow followed by a series of inflows.

d. inflow followed by a series of outflows.

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