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Choose the item that most accurately and completely describes an underlying assumption of the net present value method. The net present value equals zero when
Choose the item that most accurately and completely describes an underlying assumption of the net present value method. The net present value equals zero when cash outflows exceed cash inflows Cash flows are not reinvested Cash flows are reinvested at the rate of return that generates a net present value of zero Cash flows are reinvested at the minimum rate of return required by the business The net present value is negative when the payback period is long
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