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A positive net present value indicates that the investment has a rate of return: A. Higher than the discount rate used in the calculation. B.

A positive net present value indicates that the investment has a rate of return:

A. Higher than the discount rate used in the calculation.
B. Lower than the discount rate used in the calculation.
C. Equal to the discount rate used in the calculation.
D. Equal to the accounting profit averaged over the life of the investment.

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