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Suppose a project requires an initial investment of $1,000 and it will yield $1,050 one year later. The NPV of this project is ____ Equal
Suppose a project requires an initial investment of $1,000 and it will yield $1,050 one year later. The NPV of this project is
____
Equal to $50
Negative if the discount rate is less than 5%
Zero if the discount rate is equal to 5%
Positive if the discount rate is greater than 5%
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