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9 Which one of the following statements is (are) correct? 1. A positive net present value indicates that a project should be accepted. II. A
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Which one of the following statements is (are) correct? 1. A positive net present value indicates that a project should be accepted. II. A profitability index that is greater than 1.0 indicates that a project should be accepted. III. When the internal rate of return is less than the required rate, the project should be accepted. A) I only. B Il only. C I and II only. Dll and Ill onlyStep by Step Solution
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