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If the NPV of a project declines smoothly with increases in the discount rate, the project is acceptable if its: a. Rate of return exceeds
If the NPV of a project declines smoothly with increases in the discount rate, the project is acceptable if its:
a. Rate of return exceeds the cost of capital
b. life is longer
c. Cash inflows exceed the initial cost
d. internal rate of return is positive
e. net present value does not equal zero
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