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Choose the correct answer. What is the quantitative decision rule for the net present value method? Select one: a. Accept investments whose return on investment
Choose the correct answer.
What is the quantitative decision rule for the net present value method? Select one: a. Accept investments whose return on investment exceeds the accounting rate of return. b. Accept investments whose required rate of return exceeds the internal rate of return. c. Accept investments with a positive net present value. d. Accept investments whose weighted average cost of capital exceeds the return on investmentStep by Step Solution
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