aa. If an investment generates a positive rate of return, its _______

value always exceeds its value.________

bb. A combination of relevant cost concepts, discounted cash flow

analysis, and income tax effects is used to calculate net present

value of___________ purchases.

cc. If a manufacturing firm is considering whether to outsource

one component of its production process,____________________________

are irrelevant.

dd. Applying a higher discount rate to a future cash flow produces ___________a present value