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A project has a net present value of zero. Which one of the following best describes this project? A) The project has no cash flows
A project has a net present value of zero. Which one of the following best describes this project?
A) The project has no cash flows B) The project has a zero percent rate of return C) None of the choices D) The project's internal rate of return must be less than the required rate of return used in the NPV calculation E) The project's internal rate must be greater than the required rate of return used in the NPV calculation
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