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A one-year investment project costs $400,000 today and it is expected to generate a risky net cash flow of $430,000 in one year's time. If

A one-year investment project costs $400,000 today and it is expected to generate a risky net cash flow of $430,000 in one year's time. If the riskfree rate of return is 4% p.a., the project is acceptable because it has a positive net present value. (Your answer must begin with True or False followed by your explanation.)

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