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The decision rule for net present value is to: accept all projects with cash inflows exceeding the initial cost. reject all projects with rates of
The decision rule for net present value is to:
accept all projects with cash inflows exceeding the initial cost. | ||
reject all projects with rates of return exceeding the opportunity cost of capital. | ||
accept all projects with positive net present values. | ||
reject all projects lasting longer than 10 years. |
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