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A project has a required return of 15% and a five year life. Which of the following is inconsistent with the other four? Multiple Choice
A project has a required return of 15% and a five year life. Which of the following is inconsistent with the other four?
Multiple Choice
The discounted payback is five years
PI = 0
NPV = $0
IRR = 15%
The present value of the future cash flows equals the initial outlay
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