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8. Investments in working capital: a. are simply accounting entries and do not affect NPV b. do not matter because the cash is generally recovered
8. Investments in working capital: a. are simply accounting entries and do not affect NPV b. do not matter because the cash is generally recovered at the end of the project c. increase NPV because they make the project more valuable d. decrease NPV because they tie up cash during the life of the project
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