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If the net present value (NPV) of a project is positive: The project's discounted payback period is longer than the useful life of the project.

If the net present value (NPV) of a project is positive:

The project's discounted payback period is longer than the useful life of the project.

The internal rate of return is lower than the firm's required rate of return

The project is not acceptable.

Accepting the project will increase the value of the firm.

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