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7) Net present value of a project is A The present value of future positive cash flows B The present value of future cash flows

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7) Net present value of a project is A The present value of future positive cash flows B The present value of future cash flows minus initial costs C All current revenues minus all current costs. D The present value of future cash flows excluding those that occur after the cut-off date E The present value of future cash flows excluding those which are risky

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