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60. Which of the following statements is true? Select one: a. The initial investment in net working capital is usually recuperated at the end of

60. Which of the following statements is true?

Select one:

a. The initial investment in net working capital is usually recuperated at the end of the projects useful life.

b. The higher the annual depreciation the higher the net present value of a project.

c. The lower the discount rate the higher the present value of the expected cash flows of a project.

d. All of THESE

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