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(TCO 3 and 4) A net present value of zero implies that an investment: (Points : 4) has no initial cost. has an expected return
(TCO 3 and 4) A net present value of zero implies that an investment: (Points : 4) has no initial cost. has an expected return that is less than the required return. should be rejected even if the discount rate is lowered. never pays back its initial cost. is earning a return that exactly matches the requirement
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