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1.Which of the following statements is true? a. The crossover rate is where the NPV of both projects is zero b. The NPV Profile graphs
1.Which of the following statements is true?
a. The crossover rate is where the NPV of both projects is zero
b. The NPV Profile graphs NPV as a function of the discount rate.
c.Payback period favors longer projects Profitability Index favors larger projects
d.None of the above are true.
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