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Problem 25: Consider a project that requires some investment today and generates a nonnegative cash flow in the future. Which of the following statements is
Problem 25: Consider a project that requires some investment today and generates a nonnegative cash flow in the future. Which of the following statements is correct: A) If NPV>0 then IRR>WACC B) If NPV>0 then PI>1 C) If IRR>WACC then NPV>0 D) Exactly two of the above statements are correct E) All statements (a), (b) and (c) are corrects F) None of the above
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