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Question 9 (10 points) A project has a net present value of zero. Which one of the following best describes this project? For each answer
Question 9 (10 points) A project has a net present value of zero. Which one of the following best describes this project? For each answer that is not correct, provide a counterexample. A. The project has no cash flows. B. the total of the cash inflows must equal the initial cost of the project. C. the project earns a return exactly equal to the discount rate. D. a decrease in the project's initial cost will cause the project to have a negative NPV. E. any delay in receiving the projected cash inflows will cause the project to have a positive NPV
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