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If a projects NPV is negative, which of the following statements is CORRECT? a. The project earns less than the cost of capital. b. The

If a projects NPV is negative, which of the following statements is CORRECT?

a. The project earns less than the cost of capital.

b. The investment will not add value or contribute to shareholder wealth.

c. The present value of expected cash outflows is greater than the present value of expect cash inflows.

d. All of the above.

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