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12.The net present value of an investment project increases when: -The discount rate increases -Each cash flow is delayed by one year -The initial cost
12.The net present value of an investment project increases when:
-The discount rate increases
-Each cash flow is delayed by one year
-The initial cost of a project increases
-The discount rate decreases
-the average accounting return exceeds the profitability index
-None of the above
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