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10. T/F The net present value of an investment opportunity is determined by subtracting the cost of the investment and present value of other cash

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10. T/F The net present value of an investment opportunity is determined by subtracting the cost of the investment and present value of other cash outflows from the present value of the future cash inflows. A positive net present value indicates the investment will yield a rate of return higher than the minimum rate of return (i.e., cost of capital)

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