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a. The discount rate that makes the net present value positive when factoring in the initial cash outlay. b. Equivalent to the discount rate that
a. The discount rate that makes the net present value positive when factoring in the initial cash outlay. b. Equivalent to the discount rate that makes the net present value equal to zero. c. Highly dependent upon the current interest rates offered in the marketplace. d. A better methodology than net present value when dealing with unconventional cash flows. (e.) None of the above
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