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A project has a net present value of -$500,000. Which one of the following best describes this project? The project has no positive cash flows.
A project has a net present value of -$500,000. Which one of the following best describes this project?
The project has no positive cash flows. |
The projects present value of all future cash flows is less than its intital cost. |
The project's cash inflows equal its cash outflows in current dollar terms (present value). |
The project has a negative required rate of return. |
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