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If the present value (PV) of an investment project that requires an initial investment of $2,000,000 is $500,000, its net present value (NPV) is -$1,500,000

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If the present value (PV) of an investment project that requires an initial investment of $2,000,000 is $500,000, its net present value (NPV) is -$1,500,000 True False QUESTION 7 30-day forward rates are the same as spot exchange rates. True False

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