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177. The NPV is equal to the present value of future cash flows minus the _? A. external costs B. Initial investment C. depreciation D.

177. The NPV is equal to the present value of future cash flows minus the _?

A. external costs

B. Initial investment

C. depreciation

D. required rate of return

20. Repatriation of earnings occurs when a US company reinvests cash flows in the company to maximize shareholder wealth.

True

False

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