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Brian is considering opening a McDonalds in Mumbai. His advisors believe the project has a net present value of zero. Which one of the following
Brian is considering opening a McDonalds in Mumbai. His advisors believe the project has a net present value of zero. Which one of the following must be true? |
The project requires no initial cash investment. |
The project has no cash flows. |
The summation of all of the project's cash flows is zero. |
The project's expected cash inflows equal its cash outflows in current (present value) dollar terms. |
The project has a zero percent rate of return.
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